-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...
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Electricity subsidies for poor are stolen by the rich -Paranjoy Guha Thakurta, Aditi Roy Ghatak & Maya Palit
-IndiaClimateDialogue.net While over 20% of India’s population has no access to electricity, the richest 40% of the population gets highly subsidised power; the second of a three-part series on the Subsidy skew Along with coal mining, electricity is regulated by the state in India and subsidised. Electricity tariffs are kept deliberately low for poor households. Unfortunately much of this electricity is allocated in such a way that business and industrial consumers as...
More »On the farm front, make a bold move -Ashok Gulati
-The Indian Express The budget is an opportunity for government to address the simmering discontent and disillusion in rural India. The first advance estimates of GDP growth, at 2011-12 constant prices, put the growth for FY16 at 7.6 per cent over the previous year. This is the highest growth rate in the first four years of the forgotten 12th Five-Year Plan. No wonder this makes the Narendra Modi-led NDA government somewhat...
More »PDS all set to reap digital dividend -Sandip Das
-The Financial Express With almost all ration cards in the country digitised and 40% seeded with Aadhaar, several states have now installed electronic point of sale (ePOS) devices at their fair price shops (FPSs). With almost all ration cards in the country digitised and 40% seeded with Aadhaar, several states have now installed electronic point of sale (ePOS) devices at their fair price shops (FPSs). The ePOS devices that track the...
More »End of crop loan Subsidy likely to heighten defaults, banks say -Namrata Acharya
-Business Standard But RBI data suggest that by replacing interest Subsidy with crop insurance, government can use about Rs 12,500 cr to facilitate crop insurance scheme If a recent recommendation of the Reserve Bank of India (RBI) on crop loan Subsidy is approved by the government, agricultural loans are set to become as costly as home loans or car loans. RBI has suggested interest subvention on crop loans should be phased out,...
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