-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...

-TheWire.in The Price Deficiency Payment Scheme will likely exclude small and marginal farmers, disincentivise efficient farmers and does not have inadequate registration of farmers. The Narendra Modi government announced three new schemes for farmers under one umbrella scheme named PM-AASHA, aimed at ensuring minimum guarantee prices for the farm produce. These three schemes – Price support scheme (PSS), Pilot of Private Procurement & Stockist Scheme (PPPS) and Price Deficiency Payment Scheme (PDPS)...

-The Hindu Business Line Targets 45 mt from nine crops by 2022 Bengaluru: After giving a fillip to the production of pulses through various strategies, the Agriculture Ministry is focussing on boosting Oilseeds production over the next four years. The Ministry has proposed various strategies, including promoting the cultivation of Oilseeds in non-traditional areas and cropping seasons besides targeting rice fallows to boost the domestic output, which could help reduce import dependence for...

-The Hindu Business Line Plan to convert more rice fallow land to pulses, Oilseeds during rabi season New Delhi: The government has set a foodgrain target of 285.2 million tonnes (mt) for 2018-19, which is marginally higher than the expected production in 2017-18, the agriculture ministry said here on Tuesday. As per the fourth advance estimates released by the Government last month, the foodgrain harvest in 2017-18 would be around 284.83 mt, aided...

-The Hindu Business Line The AASHA scheme promises better returns on crops, but implementation is the key With the decades-old minimum support price (MSP) system failing to address the crisis at the farm gate, the three schemes that are a part of AASHA – the Price Support Scheme (PSS) itself, the Price Deficiency Payment Scheme (PDPS) and the Pilot of Private Procurement and Stockist Scheme (PPPS) – point to an innovative, MSP-plus...