-Livemint.com * Voters posed trust in Modi’s leadership for his welfare schemes like Jan Dhan Yojana * The Modi govt took a few policy missteps but came back strongly with focus on social sector schemes Parkash, 30, a tractor driver from Banswara, one of the poorest regions of southern Rajasthan, is happy that his family has received cooking gas and electricity connections during the five-year tenure of the Narendra Modi government. “Our name is...
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Direct benefit transfer of subsidies crosses Rs.3-lakh-cr mark in 2018-19 -Surabhi
-The Hindu Business Line The 60% jump over last year is due to DBT in fertiliser where Rs.39,230 cr was transferred Mumbai: Direct benefit transfer of subsidies in cash and kind crossed the Rs.3-lakh crore mark in 2018-19 to 123.8 crore beneficiaries through over 351-crore transactions. Official data reveals that DBT in both cash and kind amounted to Rs.3,06,260 crore last fiscal, a 60 per cent jump from Rs.1,90,870.9 crore in 2017-18. A significant...
More »Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty
-The Telegraph Centre to eat up savings in case of death of subscriber and spouse The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification. Contributory pension schemes usually ensure payments to dependant and unmarried children. However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union...
More »Resources for Welfare Expenditure -Prabhat Patnaik
-Networkideas.org The basic income scheme that is in the air these days, which amounts to handing over a certain sum of money to every household to ensure that it reaches a threshold cash income, is an extremely flawed scheme. Instead of enjoining upon the state the obligation to provide essential goods and services like food, education, and health, to its citizens, it absolves the State of all such responsibility, once it...
More »The great Budget "Cash for Votes" Scam - and other Cash Transfer Schemes -Jayati Ghosh
-Macroscan.org Jayati Ghosh argues that a combination of universal basic services, universal employment guarantee and universal pensions to ensure a minimum income is more workable and desirable rather than cash transfers to individual households. Please click here to access the article. ...
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