-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...
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‘Hike Budget outlay for all agri-related departments’
-The Hindu Business Line New Delhi: Several organisations and individuals have sought higher Budget outlays for all departments dealing with the agriculture sector if the Centre is really serious about farmers’ welfare. “Budget 2015-16 was a serious disappointment in that it actually cut down allocations for Ministry of Agriculture to levels less than 2011-12, i.e., five years earlier! (see table) …. It is clear that farmers’ welfare added to the Ministry’s...
More »Rural households have higher debt than urban counterparts: NSSO report -Jitendra
-Down to Earth The debt in rural households is higher, even though their total assets are lesser than urban households A new survey by the National Sample Survey Organisation (NSSO) shows that rural households have higher debts than their urban counterparts. At the same time, an urban household owns more than double the asset than that of a rural household. A rural household, on an average, owned assets of Rs 10...
More »Rs 69,355 crores of debt that's killing Punjab farmers
-The Times of India PATIALA: The figure of Rs 70,000 crore cropped up frequently in 2015. This was the total amount that mutual fund firms invested in equity markets. This was also the amount that India offered to pay Russia to acquire anti-ballistic missile systems in what is considered the biggest defence deal between the two countries. Also, the Union finance minister proposed an increase in investment in infrastructure by Rs...
More »A story of neglect -Paranjoy Guha Thakurta
-The Asian Age Is the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) a “living monument” of the failure of the economic policies of the Indian National Congress which has ruled the country for all but roughly 14 years since August 1947? Or is it that the MGNREGA, a law enacted a decade ago which seeks to implement the world’s biggest and most ambitious job creating scheme, one of the few...
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