-TimesNowNews.com (Mirror Now) Despite paying premiums of Pradhan Mantri Fasal Bhima Yojana, farmers in Madhya Pradesh are facing a crisis as the payout under the crop insurance scheme are rare and farmers fail to their cover losses. Bhopal: Despite paying premiums of the crop insurance scheme, farmers in Madhya Pradesh are facing a crisis. The government had launched the Pradhan Mantri Fasal Bhima Yojana in 2016 precisely to address crops ravaged by...
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A costly short-term borrowing: Dip into small savings -Sunny Verma
-The Indian Express The NSSF collects funds through small savings schemes, such as Post Office Savings Account, National Savings Time Deposits, National Savings Recurring Deposits, National Savings Monthly Income Scheme. It is a costlier form of borrowing for the government as compared to market Loans. New Delhi: AN INCREASED reliance on the National Small Savings Fund (NSSF) and issue of recapitalisation bonds has helped the government to improve its fiscal affairs...
More »RBI raises limit for collateral-free agri Loans to Rs.1.6 lakh from Rs.1 lakh
-The Hindu Business Line In the wake of the government announcing direct income support of ?6,000 per year for small and marginal farmers in the interim Budget on February 1, the Reserve Bank of India, on Thursday, raised the limit for collateral-free agriculture Loans to Rs.1.6 lakh from Rs.1 lakh. The central bank said the increased limit will enhance coverage of small and marginal farmers in the formal credit system. The circular...
More »No budget for farmers -Ashok Gulati
-The Indian Express Direct income support for farmers is too late, too little The hopes of farmers for a meaningful package from the Modi government have evaporated after the announcements in the Union budget. The proposed Rs 6,000 annual direct income support to small and marginal farmers is a drop in the ocean. States like Telangana and Odisha have done much better with their Rythu Bandhu and Kalia schemes respectively. After...
More »Reclaiming the Republic: Civil society group sets agenda for poll
-The Hindu Invites political parties for discussion; Congress, RJD and NCP agree to participate so far As political parties prepare their election manifestos and promises, a group of civil society leaders and concerned citizens on Tuesday released a document, Reclaiming the Republic, which they hope will shape the political agenda in the run up to the Lok Sabha poll. The comprehensive list includes judicial and electoral reforms, repeal of laws which threaten personal...
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