-DNA The Centre's debt relief scheme for the farmers has given anything but relief to the poor farmers. Despite the Rs 65,318.33-crore Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS) launched by the UPA with much fanfare in 2008, nearly 43.42 million (48.6 per cent) of the 89.35 million farmer households are still in debt. This is the finding of National Sample Survey Organisation (NSSO) report on 'Indebtedness of Farmers Household'. The scheme benefited...
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‘Cash Grants Must Back Food Access’ by Keya Acharya
Studies by the India-Brazil-South Africa (IBSA) Academic Forum on food security issues in the three countries suggest that providing food access works best when backed by cash transfers. A paper on food security brought out by the UNDP’s Brasilia-based International Policy Centre for Inclusive Growth (IPC-IG), under the Forum, shows that despite the great strides in food production made by India people in this country are just not eating enough. Citing indices...
More »Dividing the poor by TK Rajalakshmi
The flawed Bill on food security has not received the kind of publicity that the Lokpal Bill has, but that does not diminish its significance. “THIS government has divided everything and everyone. There are different cards for different sections of the poor. If my employer, taking pity on me, gives me an old television, I am not entitled to a yellow card [Below Poverty Line card]. My son who is...
More »People prefer PDS over cash transfers
What is government planning to do with the Public Distribution System (PDS)? The answer lies in an old adage: Give a dog bad name and hang him! The common impression is that the PDS is not working because of pilferage and hence it is taken as a foregone conclusion that it needs to be replaced with cash transfer. Two empirical studies conducted recently, one of them by noted economists Jean Dreze...
More »Government banking on savings from flagship social schemes like NREGA, lower commodity prices to keep deficit in check by Deepshikha Sikarwar
The finance ministry is betting on substantial savings in some of the flagship social schemes and lower commodity prices to stay within the year's fiscal deficit target even as the central bank and economists raise the red flag over the Centre's finances. India's fiscal deficit, or the difference between expenditure and receipts that has to be met through borrowings, during the first four months jumped to 55% of the budgeted amount...
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