-India Today The Narendra Modi government has claimed that its flagship Mudra loan scheme is generating employment. But, data shows a miniscule number of Mudra loans generate a return that satisfies even the minimum wage requirement. * The Modi-led govt has been showcasing the Mudra loan scheme to claim that millions of jobs are being created * There is no official data available on the number of jobs created due to the Mudra...
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Rahul Gandhi's minimum income for poor faces 3 challenges -- cost, targeting & delivery Saksham Khosla
-ThePrint.in Rahul Gandhi’s announcement is certainly good politics, but does it make for good economics? Congress president Rahul Gandhi’s announcement on a minimum income guarantee for the poor, coming days before the Narendra Modi administration unveils its own income support plans in the interim budget, certainly makes for good politics. But does it make for good economics? With the stress on farmer incomes and rural wages reaching crisis proportions, efforts to loosen the...
More »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...
More »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...
More »Goyal's budget has enough ammunition for Opposition -Devadeep Purohit
-The Telegraph Check out numbers for transfers to states, GST collections and income tax Finance minister Piyush Goyal tried to make people happy with his maiden budget ahead of the Lok Sabha polls, but ended up serving on a platter ammunition that chief ministers such as Mamata Banerjee, Arvind Kejriwal, H.D. Kumaraswamy and N. Chandrababu Naidu are likely to make full use of in the hustings. The campaign managers of the opposition parties...
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