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Budget 2019: Behind Chest Thumping, Cuts in Welfare and Silence on Jobs -Subodh Varma

-Newsclick.in The Interim Budget granted a paltry Rs 500 per month to farmers as relief, fund cuts for dalits, adivasis and minorities, and was silent on agricultural and industrial workers. It was the theatre of absurd in the Lok Sabha on Friday as replacement Finance Minister Piyush Goyal presented the Interim Budget through an election speech, tom-tomming the so-called achievements of the Narendra Modi government over the past five years, offering an...

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The Pradhan Mantri Fasal Bima Yojana (PMFBY) -- Lesser than a Solution -Santosh Verma

-Vikalp.ind.in During the past three and half decades, various governments at the centre introduced several crop insurance schemes for the farmers to lessen the risks (partial or full) involved due to natural calamities and crop diseases. In 1985, in its very first attempt, the Government of India (GoI) launched Comprehensive Crop Insurance Scheme (CCIS) with a mandate to a national coverage. In 1999, CCIS was replaced with a new scheme called...

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The boundaries of welfare -Prabhat Patnaik

-The Indian Express Interim budget indicates that the government’s electoral strategy is to win over the ‘intermediate classes’ while ignoring the poor. The Narendra Modi government has now carried its penchant for undermining institutions to the national budget itself. Not only has it treated what should have been an interim budget, as its tenure lasts barely two months into the new financial year, as a full-fledged budget, but it has also...

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Budget 2019: Pension Scheme for Unorganised Workers Is Yet Another Illusion -Sudhir Katiyar

-TheWire.in The new scheme, similar to other programmes launched by the Modi government, shows how divorced Lutyens Delhi is from the dust and grime of real India. The NDA government in its last budget before the election has announced an ambitious pension scheme for unorganised sector workers. Given its tendency for hyperbole, the scheme is already being touted as the largest pension scheme in the world with 100 million potential beneficiaries. It would...

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Why everybody loves Universal Basic Income -Ankita Dwivedi Johri

-The Indian Express The Budget has promised an assured income to farmers, Rahul Gandhi a minimum income guarantee, and Sikkim a universal basic income by 2022. Back in 2016-2017, the Economic Survey said UBI was an idea whose time was ripe for discussion. As that talk picks up in the run-up to the Lok Sabha elections, The Indian Express parses the debate, starting from India’s only two pilot projects FINANCE Minister...

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