KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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No direct cash transfers under revised fertilizer subsidy regime -Gireesh Chandra Prasad
-Livemint.com New system to settle dues to fertilizer firms within a week, record detailed transaction data at time of sale New Delhi: The direct benefits transfer (DBT) scheme for fertilizers that will go on trial in eight districts this month will not entail what its name suggests— the transfer of cash to farmers’ bank accounts. Under the direct transfer of liquefied petroleum gas (LPG) subsidy, customers pay the entire amount for cooking...
More »Government looking at stripping the rich of LPG subsidy -Surojit Gupta & Sanjay Dutta
-The Times of India NEW DELHI: The government is looking at taking rich households out of LPG subsidy scheme with the aim of freeing up resources to provide clean kitchen fuel to more poor families and ensure socially responsible use of public money. While no final decision has been taken yet, the issue has certainly emerged as a discussion point within the top levels of the government. "I humbly submit that the time...
More »Aadhaar-based fertilizer subsidy transfer in limbo -Saurabh Kumar
-Livemint.com Given condition of land records and problems in identifying actual beneficiaries, the task is gigantic, say analysts New Delhi: The Aadhaar-based direct benefit transfer (DBT) of fertilizer subsidies may not see the light of day anytime soon. “The roll-out of DBT in fertilizer will take some time because there are various hurdles,” said a government official, who is working on DBT. The official, who requested anonymity, said that “this is more challenging”...
More »NSSO: 73% of rural Bihar use kerosene for lighting -Mahendra K Singh
-The Times of India NEW DELHI: For all the subsidy flowing towards selling kerosene through the public distribution system, it now emerges that the fuel is hardly being used in kitchens across India - in towns as well as villages - but remains a key source for lighting lamps and lanterns in rural areas, which either lack power connections or don't get adequate supply. The latest survey released by the National Sample...
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