The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
More »SEARCH RESULT
Why India needs to show some spine -Leena Menghaney
-The Hindu In the area of intellectual property, public health and access to medicines, the Narendra Modi government should consider its independence to be of the utmost importance. Strong government leadership as well as flexible intellectual property systems are needed in order to effectively combat drug-resistant tuberculosis (DR-TB) and HIV and also antimicrobial resistance and non-communicable diseases. This is true not only for India but also countries which rely on affordable generic...
More »Gujarat starts implementation of Food Security Act
-PTI Ahmedabad: Gujarat government today started implementation of National Food Security Act (NFSA), state cabinet minister Bhupendrasinh Chudasama said. The scheme, however, will be officially launched on April 6 by Chief Minister Ananiben Patel, Chudasama, the Gujarat Food, Civil Supplies and Consumer affairs minister, said. "Under the scheme, we will cover around 3.40 crore eligible citizens who will be given food grains at subsidised rates through our Public Distribution System (PDS) shops. The...
More »Clearing the air on LPG -Siddharth George & Arvind Subramanian
-The Indian Express Several questions have been raised about our estimates of the savings from the DBT scheme for cooking gas. But all parties accept that the programme reduced subsidised sales by 24 per cent. Direct cash transfers have the potential to improve the economic lives of the poor by transferring benefits to households quickly and directly. Achieving these benefits requires thoughtful design of schemes, and careful, rigorous analysis of ongoing...
More »Who stole my broadband? -Thomas K Thomas & Pratim Ranjan Bose
-The Hindu Business Line BusinessLine goes to villages, including those visited in 2014, to understand the progress of the ambitious National Optical Fibre Network. Unused infrastructure and low awareness tell a story of missed links In one corner of the Ramnagar village panchayat office, in Panisagar block of Tripura, is a defunct four-year-old computer. The machine, connected with a 10 mbps broadband line was supposed to bring digital services to this remote...
More »