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Rythu Bandhu scheme: Is RBS a panacea to loan waivers? -Kushankur Dey

-Financial Express With the 2019 Lok Sabha elections approaching, the government plans to offer a stimulus package in the form of agricultural investment support scheme and group insurance to farmers, which could otherwise subsume the fumes of the farm loan waiver burden. Can the government consider Telangana’s Rythu Bandhu Scheme (RBS) on a scaled down version? RBS has a grant component of Rs 4,000 per acre per farmer for one season (kharif/rabi)....

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Niti Aayog bats for direct benefit transfer to farmers -Yogima Sharma

-The Economic Times NEW DELHI: Farmers could get annual Income Support of Rs 15,000 per hectare if the Niti Aayog’s proposal for an upfront subsidy through direct benefit transfer is accepted, said people with knowledge of the matter. The Aayog has suggested that all subsidies for agriculture, including fertiliser, electricity, crop insurance, irrigation and interest subvention be replaced by income transfer. Telangana and Odisha have adopted Income Support to help alleviate agrarian...

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Forward caste quota is an act of appeasement, desperation and failure -TK Arun

-The Economic Times The government’s decision to add one more layer of reservations to the existing 50 per cent in government jobs and seats in institutions of higher learning represents political opportunism and amounts to admitting failure to create economic dynamism that would generate quality jobs and meet the aspirations of young India. To create an additional quota of 10 per cent for those with an annual income less than Rs 8...

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Policy must tackle not just dissatisfaction of large farmers, but distress of most vulnerable -Bina Agarwal

-The Indian Express To address farmers' woes, we need a multi-pronged strategy of Income Support, government investment, and institutional innovations, and not a one-size-fits-all approach. The two main policy interventions repeatedly discussed in recent months to tackle farmer distress — loan waivers and minimum support prices (MSP) — treat all farmers (large/small, male/female) alike. But farmers are heterogeneous. They differ especially by income, land owned and gender. And farmer dissatisfaction is...

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Farmers bear the burden of deflation -Harish Damodaran

-The Indian Express Demonetisation, coupled with daily limits on cash transactions and fear of being tracked by revenue authorities post the Goods and Services Tax regime, have made traders less inclined to purchasing and stocking up produce during the harvest season. The defining feature of Indian agriculture in the last five years — much of it under the Narendra Modi government’s tenure — has been low prices for farm produce. The accompanying...

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