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Telangana releases Rs. 5,925 crore farm aid for rabi season

-The Hindu Business Line Hyderabad: The Telangana government has released ?5,925 crore for the second phase of the Rythu Bandhu scheme for the rabi season. This is part of the ?11,925-crore allocated in the 2018-19 Budget for the scheme that seeks to provide financial assistance of ?4,000 each to farmers for every acre they own. The scheme is aimed at providing liquidity to farmers to take care of the purchase of inputs ahead...

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A case for zero-budget natural farming -Sudhirendar Sharma

-The Hindu Business Line Tested across AP, this technique, though devoid of chemicals, has helped boost productivity and cut production costs In the last fortnight, two announcements to revive the sagging farm sector evoked differing responses. While the announcement by the government to hike minimum support price for selected crops generated political noise, a more nuanced approach by NITI Aayog seeking State governments’ support in reducing cost of crop production was...

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The path to reforms: Ensure enforcement, bring clarity - Devesh Kapur, E Sridharan and Milan Vaishnav

-Hindustan Times Election Commission of India (ECI) is outgunned when it comes to confronting those who circumvent existing campaign finance rules and lacks power to sanction candidates. It is a truism to note that political finance sits at the heart of corruption in modern India. While politicians publicly lament the status quo, they privately profit from the current system. Therefore, the fact that the Narendra Modi government has made reforming political finance...

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Are loan waivers the only way to help farmers? -Sanjay Kaul

-The Hindu Business Line The trend of farm loan waivers has gripped the country and Karnataka is the latest to jump on to the bandwagon. The fiscal strain of farm loan waivers on the States is worrisome. As per RBI, the gross fiscal deficit (GFD) of States rose to 3.1 per cent of GDP in 2017-18, breaching the threshold of 3 per cent GFD/GSDP ratio recommended by the Finance Commission. This threshold has...

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New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data

  A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...

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