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Finance Ministry wants 2 'PM Kisan' instalments paid by month-end -Shishir Sinha

u Business Line The Finance Ministry has asked the Agriculture Ministry to complete the payout of two instalments of Rs.4,000 to farmers under the PM Kisan scheme by September 30. This is to boost rural demand in the coming festival season. PM Kisan or Pradhan Mantri Kisan Samman Nidhi is an income support scheme. It provides Rs.6,000 in three equal instalments annually. Initially, the coverage was limited to small and marginal farmers (roughly

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How rural inflation is playing out -Keerthi Sanagasetti

-The Hindu Business Line Low food inflation and high services inflation in rural India is doing more bad than good for the rural population CPI Inflation in August came in at benign 3.21 per cent, although it recorded a marginal uptick from July. A deeper look at the numbers brings out the widening disparity between the urban and rural inflation. More »

History's curse on MGNREGA -Nikita Kwatra

om Public programs like MGNREGA are less successful in raising wages in regions characterized by historical inequality, finds new study When it was launched in 2006, the Mahatma Gandhi National rural Employment Guarantee Act (MGNREGA) was envisaged to boost rural economies by providing the rural poor with 100 days of guaranteed public employment and raising

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Not a single Uttar Pradesh farmer has got PM-Kisan 3rd tranche, Finance Ministry concerned -P Vaidyanathan Iyer and Harish Damodaran

the top three states, having disbursed the third instalment to almost 16.35 lakh, 13.99 lakh and 11.03 lakh farmers, respectively. Concerned about a slowing economy, and particularly with flagging rural demand, Finance Minister Nirmala Sitharaman is learnt to have directed her officials to find the reasons for the delay in payments from the Ministry of Agriculture and Farmers’ Welfare. “We have asked the Agriculture Secretary to look in

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Is urban health care being neglected? -Yogesh S

wise. Examining the data in Sample Registration System (SRS) closely for the “advanced” states, it can be seen that there exists a disparity in the trend of the changing IMRs between the rural and urban areas. The decline is seen mainly in the rural areas, while even in highly urbanised states like Tamil Nadu and Gujarat, the IMR either shot up in 2017 or showed stagnation. Infant Mortality

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Rate cut alone can't arrest slump, boost rural demand: SBI report

intain the fiscal numbers will be severely detrimental to growth. Lose-monetary policy alone cannot arrest the deepening slump, instead government must take demand-boosting measures, especially in rural areas, by frontloading expenditure primarily through the national rural employment scheme, says a report. Economists at State Bank Research Monday also warned that any attempt to trim government spendi

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Economic slump: Busting official myths on consumer preferences -Ranjini Basu Data confirms an acute demand crisis in rural India and beyond. Finance Minister Nirmala Sitharaman’s latest statement on millennials contributing to the auto industry slowdown by shifting their preferences—choosing Ola or Uber ride-booking services instead of buying cars—is feeding many a meme on social media. Even before her statement, sections of industry and the banking sector had been pushing this argume

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Centuries-old Andhra Pradesh cashew industry in dire straits

f a slump. Cashew units are reportedly struggling to sustain operations in the wake of a shortage of raw material and a skilled workforce, with fingers being pointed at the Mahatma Gandhi National rural Employment Guarantee Scheme (MGNREGS) for the lack of manpower. Only those plantations owned by the Forest Department, spread over 1,000 acres in and around Vetapalem, are now surviving, with plantations in the private sector reportedly making wa

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