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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)

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 chronic Poverty with a minimum income guarantee for every Indian. Some consider these pre-election proposals to be too ambitious. But, Guy Standing,71, an economist at the School Of Oriental and African Studies, University of London, thinks that the real conce

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No achhe din for the farmer -Ashok Gulati & Ranjana Roy

d in 2017-18. Our concern, however, is with the performance in agriculture, which engages almost 47 per cent of the country’s workforce. Its growth, therefore, has a significant influence on Poverty. The growth of Gross Value Added (GVA) at basic prices from the “agriculture, forestry and fishing” sector is expected to be 2.7 per cent in 2018-19 — as against 5 per cent in 2017-18. This is a massive drop of 46 per cent. The C

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Ensure a minimum income for all -Ram Singh

ell as large landowners. However, there is a strong case for direct income transfers to some groups: landless labourers, agricultural workers and marginal farmers who suffer from multi-dimensional Poverty. These groups have not benefited from economic growth. They were and still are the poorest Indians. Various welfare schemes have also failed to bring them out of penury. A case in point is the access to institutional credit issued by banks and

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Smart farming in a warm world -Feroze Varun Gandhi

ering from some form of degradation. This has consequences, especially for marginal farmers. According to one estimate, they may face a 24-58% decline in household income and 12-33% rise in household Poverty through exacerbated droughts. With rain-fed agriculture practised in over 67% of our total crop area, weather variability can lead to heavy costs, especially for coarse grains (which are mostly grown in rain-fed areas). A predicted 70% decline in

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Will the PM Kisan Scheme Impress India's Farmers? -Varun Kumar Das

ove. Interpreting the rationale The income support estimate of Rs 6,000 per farm household appears to be an arbitrary construct. It could be speculated that this income support is to bridge the Poverty gap of small farmers. However, according to the Rangarajan report on Poverty, for a family of five in a rural area, the Poverty line is reflected by a monthl

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The Subversion of MGNREGS -Prabhat Patnaik

ution, which, as is well-known, guarantees to every citizen only a set of social and political rights but no economic rights. The MGNREGS therefore broke completely new ground. There had been anti-Poverty programmes earlier, including the well-known food-for-work programme. But they contained no guarantees. There were budgetary provisions for them which could change from one year to the next; and, correspondingly, their scale, limited by the budget

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Food security of farmers essential to check suicides -S Harpal Singh

nta, concurred with Gnaneshwar’s opinion with regard to food security being crucial for the farming community too. He recalled the suicide of Thodasam Maruti in October last year and attributed Poverty and attendant lack of food security as being a major reason for him (Maruti) to take the extreme step. Promotion of millets “There are 137 families in my village cultivating 689 acres of land mostly cotton in kharif. Only about 20 acre

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No shortcuts to income guarantee -Harsh Mander

roposed scheme will do more harm than good if it comes at the cost of existing subsidies for the poor. Congress president Rahul Gandhi signaled the earnestness of his party’s resolve to end Poverty and hunger by announcing an untried policy instrument — a Minimum Income Guarantee for the poor. “Millions of our brothers and sisters” could not be allowed to “suffer the scourge of Po

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Farm subsidy to loan waivers: A race to compensate farmers for their losses -Ashok Gulati

evised series), the nature of growth matters as well. In a country where 47% of the workforce is engaged in agriculture, it is the growth of agri-GDP that is even more critical for the alleviation of Poverty and providing nutritious food. The average annual agri-GDP growth in the first four years of Modi government, for which data is available, is just 2.5% compared to 5.2% in the last four years of Manmohan Singh’s government. The exports of ag

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G Srinivasan, Director of National Insurance Academy (NIA), Pune, interviewed by Radheshyam Jadhav (The Hindu Business Line)

e people. The insurance sector should design a simple natural catastrophe product with affordable premium and simple claim payment methodology. The Government can pay the premium for people below the Poverty line. The funds lying with disaster agencies can be utilised for buying insurance cover rather than using them after an event. Parametric covers can ensure claim payments happen immediately. * The number of complaints regarding unfair business

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