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How to pay for the stimulus -Pulapre Balakrishnan

-The Hindu Money financing is a viable route to take us back to pre-COVID-19 levels of output Former Prime Minister Dr. Manmohan Singh and his Congress party colleague Praveen Chakravarty have, in these pages, written on the appropriate policy response to the currently depressed state of the economy. Given Dr. Singh’s deep understanding of the subject, this is in the nature of invaluable counsel. Unlike the dispensation in power, he and his...

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PM-KISAN is not reaching all farmer households as intended -Bornali Bhandari, Santanu Pramanik and Sonalde Desai

-The Indian Express Given this uncertainty over the reach of PM-KISAN and its targeting, the relevance of the scheme needs to be carefully evaluated during this period. The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is the first universal basic income-type of scheme targeted towards landed farmers. It was introduced in December 2018 to manage agricultural stress. Initially, the scheme was targeted at small and medium landed farmers, but with the declining growth...

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Rise in work demand: 12 districts shoot past whole fiscal’s NREGA work generation Budget in under 4 months -Harikishan Sharma

-The Indian Express Barring Mirzapur in UP, none of these districts is included in the official government list of 116 districts that received most returning migrant workers during the lockdown, and where the government had launched the PM Garib Kalyan Rojgar Abhiyaan on June 20. New Delhi: At least 12 districts have exceeded their annual job creation targets by generating substantially higher numbers of person-days’ work between April 1 and July 21,...

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Delayed Audit Reports, Lower Output Marked Last Two Years of CAG’s Functioning -Himanshu Upadhyaya

-TheWire.in As the tenure of the current CAG of India comes to an end in August, just how impactful has the national auditor been in recent times? When Parliament’s Budget session for the year 2020 started on January 30, political and economic observers hoped to see tabling of the Comptroller and Auditor General (CAG) of India’s Audit Report on Union Government (Finance Accounts). However, these hopes were dashed when on the third day,...

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Why Have Some States Lost Interest in the Centre's Flagship Crop Insurance Scheme? -Siraj Hussain

-TheWire.in The Pradhan Mantri Fasal Bima Yojana programme will complete five years when rabi crops are harvested in March-April 2021. But it's been a bumpy ride for most of the way so far. Out of all the ‘Pradhan Mantri’ schemes launched over the last few years – and there have been quite a few – none has received as much criticism as the PM Fasal Bima Yojana (PMFBY). Due to the variety of...

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