-National Herald Well-known Belgian-Indian economist Jean Drèze, reflects on the times we live in this animated conversation with Ujjawal Krishnam Jean Drèze, the Belgian-Indian economist, true to his reputation, laces humour and an acerbic wit to reflect on the times we live in. Self deprecating, he brushes aside the question how he juggles between his roles as economist, activist and teacher. He wonders at the multi-tasking ability of Indian women instead. Nor...
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Chhattisgarh watershed project promises better income for small farmers
-PTI NEW DELHI: Eyeing economic gains through ecological work, non-profit organisation Pradan, along with Chhattisgarh government, has launched a watershed project in the state to enhance the income of 1 lakh small and marginal farmers, of whom over 40 per cent belong to Scheduled Tribes. A watershed is a chunk of a land that drains out at a common point. The watershed development approach takes a comprehensive account of the people, land,...
More »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)....
More »CAG Criticises Modi Govt For Using Creative 'Off-Budget Financing' Techniques
-TheWire.in The national auditor believes that such methods allow the Centre to understate the true fiscal and revenue deficits in a given year. New Delhi: India’s national auditor has raised red flags over the Narendra Modi government’s propensity to borrow funds using “off-budget” methods, a practice that allows it to finance capital and revenue spending while maintaining deficit targets. The criticism comes from an audit report tabled in parliament on Tuesday, but is...
More »MSP was not 1.5 times the cost of production for most kharif crops during the last 6 agricultural years
In its 2014 election manifesto, the Bharatiya Janata Party (BJP), among other things, promised to "take steps to enhance the profitability in agriculture, by ensuring a minimum of 50% profits over the cost of production". In his 2018-19 Union budget speech too, the Finance Minister Shri Arun Jaitley informed the Parliament that the 2014 election manifesto of the BJP had stated that the farmers should get at least 1.5 times the...
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