-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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Ensure a minimum income for all -Ram Singh
-The Hindu A basic income scheme will deliver benefits to the poor only if it comes on top of public services The idea of a universal basic income (UBI) is gaining ground globally. It has supporters among the political left and right, and among proponents as well as opponents of the free-market economy. A UBI requires the government to pay every citizen a fixed amount of money on a regular basis and...
More »As PM Modi's Mega Farmer Income Scheme Rolls Out, 3 Challenges Before It -Sreenivasan Jain
-NDTV The scheme, announced during the budget in February promises Rs. 6,000 to 12 crore small and marginal farmer households each, at a total cost of Rs. 75,000 crore. As the government races to roll out PM KISAN, its flagship farmer cash handout scheme ahead of the elections, multiple challenges lie ahead. The scheme, announced during the budget in February promises Rs. 6,000 to 12 crore small and marginal farmer households each,...
More »The employment test -Pulapre Balakrishnan
-The Hindu The labour force may have actually shrunk while the Modi government has been in office Attuned as we have become to political grandstanding on the purpose of democracy, we may not have imagined that something so prosaic as statistics can alter our perception of how it is actually working for us. The emergence over the past few months of data on employment, speaking precisely the lack of it, cannot but...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
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