-The Indian Express Under the proposed system, payment of subsidy is to be based on weekly settlement of claims from actual sales data captured on POS machines. Buoyed by its landslide win in the recent Uttar Pradesh assembly elections, the Narendra Modi government has decided to fast-track the implementation of the direct benefit transfer (DBT) system for payment of fertiliser subsidy to farmers. From the coming kharif season, beginning June, the Rs...
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No one loves the farmer -Ashok Gulati & Siraj Hussain
-The Indian Express They are the largest constituency in UP. Yet, all parties have overlooked their issues Next month, Uttar Pradesh (UP) will have a new popular government, hopefully with a clear mandate. If UP was a country, with a population reportedly of more than 214 million in 2015 (as per UN population projections), it would have been the fifth most populous country in the world after China, India, US and Indonesia....
More »Note recall most hurtful: Farmers
-The Telegraph New Delhi: A nationwide network of farmers today dubbed the demonetisation exercise "the most hurtful scheme since independence" and claimed that Prime Minister Narendra Modi's pledges for the agriculture sector announced on December 31 were "a rehash of what already exists". The network of farmers' associations and representatives from across the country said in a letter sent to the Prime Minister that the demonetisation move had shown a "dismaying disregard"...
More »Cash need not be king
-The Hindu The government has declared an incentive package to encourage non-cash payments for fuel, new insurance policies from public sector firms, train tickets and highway toll, among other things. For credit and debit card transactions up to Rs.2,000, the Reserve Bank of India has relaxed its stringent two-factor authentication requirement, and service tax stands waived. Taken together, these moves to encourage cashless payments are significant not just because they can...
More »Rural distress -TK Rajalakshmi
-Frontline.in To rural India, which is already reeling under multiple crises, demonetisation has come as yet another blow. WHEN the Prime Minister made the decision to withdraw Rs.500 and Rs.1,000 notes, he did not quite factor in the impact it would have on agriculture. Despite the rhetoric the concept of digital wallets has not yet entered rural India unlike in much of the country’s urban areas, and much of rural and...
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