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Basic income works and works well -Guy Standing

-The Hindu India has the technological capacity, the financial resources, and the need for a simple, transparent basic income scheme In 2010-2013, I was principal designer of three basic income pilots in West Delhi and Madhya Pradesh, in which over 6,000 men, women and children were provided with modest basic incomes, paid in cash, monthly, without conditions. The money was not much, coming to about a third of subsistence. But it was...

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PS Krishnan, former secretary to government of India, interviewed by Hridayesh Joshi (TheWire.in)

-TheWire.in In an interview with The Wire, former secretary to the government of India P.S. Krishnan says economically weaker sections require financial aid, not reservation. P.S. Krishnan, the former secretary to government of India, was one of the crucial people behind the enactment of several historic laws regarding social justice. The current Bill proposed by the government to provide reservation to economically weaker upper castes in jobs and education, he says, violates...

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Enrolment under PMFBY crop insurance scheme sees steep decline -Sayantan Bera

-Livemint.com Delayed assessment of loss and settlement of claims by insurance companies may have led to farmers losing faith in Pradhan Mantri Fasal Bima Yojana, say analysts New Delhi: Sharad Markad, a lanky teenager from a marginal farming family in Maharashtra, spent the first day of 2019 scrounging for funds. Faced with a drought, the third in the past five years, Markad had taken it upon himself to build a community cattle...

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Fundamental flaws in crop insurance scheme's design makes it ineffective -Devinder Sharma

-Livemint.com The government did not visualize there were problems in the way it was designed, the methodology itself was faulty Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship programme launched with much fanfare in 2016, has run into rough weather. With both the area covered and the number of enrolled farmers declining, the country’s premium crop insurance scheme is certainly in need of an overhaul. While Parliament’s committee on estimates, chaired by senior...

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India lost 11 million jobs in 2018, rural areas worst hit: CMIE

-BusinessToday.in The analysis report showed individuals from vulnerable groups, namely women, uneducated, wage labourers, agricultural labourers and small traders, being the worst hit by job losses in 2018. Job scenario turned bleak in the past year, as almost 11 million Indians lost their jobs during 2018, a report by the Centre for Monitoring Indian Economy (CMIE) said. The analysis report showed individuals belonging to vulnerable groups being the worst hit by job...

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