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Income Transfer can ease farm distress -A Narayanamoorthy & P Alli

-The Hindu Business Line It scores over loan waivers as it benefits all farmers and gives them more control over the cultivation and sale of their produce There is an illusion across various quarters that a one-time farm loan waiver can remove all the hardships farmers have been going through over the last 15 years or so. This illusion has been occupying more space in public discourse in recent months because of...

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Govt should launch basic income scheme: Arvind Subramanian

-The Indian Express Subramanian’s suggestions come days ahead of the Budget to be presented on February 1. Incidentally, Congress President Rahul Gandhi said his party will bring Minimum Income Guarantee for every poor person if voted to power. New Delhi: In order to tackle agrarian distress effectively, the Central government and the states should launch a basic income scheme which guarantees minimum cash Transfers to all except the well-off in rural...

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Union Cabinet may soon approve relief package for farmers

-PTI The Union Cabinet is expected to soon approve a relief package for farmers grappling with falling prices of their crops and to tackle distress in the farm sector, according to sources. The likely relief package is seen as an attempt to assuage the farming community’s discontent ahead of the general elections. “...The Agriculture Ministry’s proposal on addressing income deficit syndrome of small and marginal farmers is on the agenda (at the Cabinet...

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New data may show big cut in number of poor -Surojit Gupta

-The Times of India NEW DELHI: India may have reduced extreme poverty far more effectively than most of us are aware of. The last official data is eight years old. In 2011, 268 million people were surviving on less than $1.90 a day, the World Bank measure for extreme poverty. The next round of data on household consumption is likely to come out in June, and it may well show a...

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Audit report on Rafale deal not yet complete, says CAG -Priscilla Jebaraj

-The Hindu In a response to an RTI query, the CAG said: “Audit Report is under preparation. Therefore, no information can be provided in this stage.” The Comptroller and Auditor General (CAG) has not yet completed its audit report regarding purchase of Rafale aircraft, according to its response to an RTI query this week. This erodes the basis of the Supreme Court’s December 2018 judgement on the Rafale case, according to RTI...

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