-The Hindu Business Line Mumbai: The newly-launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will bring about 50 per cent of India’s farmers in the crop insurance net and help reduce the prevailing distress in the agriculture sector, according to Finance Minister Arun Jaitley. PMFBY is distinct from all earlier schemes in the sense that it not only takes the number of insured farmers to a higher level (from 20 per cent earlier...
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Eastern states to benefit from new LPG scheme -Siddhartha P Saikia
-The Financial Express Govt may spend major chunk of Budget outlay in these states The Modi government would spend major portion of the Rs 2,000- crore Budget outlay for providing LPG to households below poverty line in the eastern states such as Bihar, Jharkhand, West Bengal, Odisha and Assam. A senior official in the finance ministry told FE that the nodal petroleum ministry has proposed a detailed road map for the scheme aimed...
More »Aadhaar-linked LPG: Govt says Rs 15,000 cr saved, survey says only Rs 14 cr in FY15 -Nitin Sethi
-Business Standard Research says Aadhaar was not necessary for de-duplication exercise What has been the net benefit that arose out of using Aadhaar within the Direct Benefits Transfer of liquefied petroleum gas (LPG) or PAHAL scheme as it is now called? Research done by the International Institute for Sustainable Development (IISD) says the benefit from Aadhaar in the scheme through de-duplication of records was at best limited to Rs 12-14 crore in...
More »Farms grow massive incomes for select few -Devesh K. Pandey & TCA Sharad Raghavan
-The Hindu In response to a RTI application, Income Tax Department reveals that 6.57 lakh individuals earned 20 times the GDP in 2011. Believe it or not, income figures shared by the Income-Tax Department in response to an RTI application by a retired Indian Revenue Service official has revealed that agricultural income recorded an exponential increase from 2004 to 2013, touching a total of almost Rs.2,000 lakh crore for individual assessees in...
More »Enemy At The Aadhaar Gates -Gopal Krishna
-Outlook The structural basis is being laid out for future authoritarianism at the behest of foreign biometric and surveillance technology What distinguishes Barack Obama and David Cameron from Narendra Modi? Obama and Cameron oppose biometric identification but Modi supports it. On 11 May 2005 in the US, the Real ID Act for a national ID was rushed through US Congress and the US Senate with utmost urgency, a legacy of George Bush...
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