The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...
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Golden yields - Focusing on agriculture alone will not improve farm incomes -Shubhashis Gangopadhyay
-The Telegraph The recent budget talked about the government's plan to double farm incomes in the next five years. This will be done through investments in rural infrastructure, especially irrigation. About 50 per cent of land under foodgrain production in India is irrigated. This means that half of the foodgrain producing land in India faces weather uncertainties and, hence, those working on them face annual (seasonal) variations in income. These variations...
More »Pro-rural push on govt agenda -Sanjeeb Mukherjee
-Business Standard To connect with villages to highlight two years' achievements To commemorate two years of its rule, the Narendra Modi government is planning to penetrate deep into the hinterland, rural areas and Tier-2 towns with a balance sheet of its achievements. Officials said though much of the plan is still in the works, the thrust is to take the message to the grassroots. The rural engagement programme might not be limited to...
More »From swachh to swasth -Poonam Muttreja
-The Indian Express India does need these toilets badly. Over half a billion people practice open defecation, the highest number in the world. The Swachh Bharat Abhiyan (SBA) has a target of 12 crore toilets by October 2019. That makes for 2,739 toilets a day, almost two toilets every second! Work on the toilets is on track. In fact, reports show that the targets are being surpassed. In 2014-15, the very first...
More »Housing for all
-The Hindu Business Line We need a holistic policy to address India’s housing shortage issue With the Union Cabinet clearing a ₹81,975-crore plan to build one crore houses in rural areas over the next three years under the Pradhan Mantri Awas Yojana (PMAY)-Rural, the Narendra Modi government has given concrete backing to its promise of achieving universal coverage in housing by 2022. While providing housing for all has been the dream of...
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