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Few details, Rs 3.6 lakh crore-question: Will it be a top-up or subsidy tweak? -Aanchal Magazine

then Chief Economic Adviser Arvind Subramanian had proposed a Universal Basic Income (UBI) of Rs 7,620 per year. As per the estimates in the Survey based on NSS 2011-12 consumption data, at a target Poverty level of 0.45 per cent, the income needed to take a person above Rs 893 per month — the Poverty line in 2011-12 – works out to Rs 5,400 per year, which when adjusted to inflation for 2016-17

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Rural distress: Last year of Govt saw highest demand for MNREGA jobs in 8 yrs -Shalini Nair

-The Indian Express In 2014-15, the first year under of the NDA government when Prime Minister Narendra Modi had dismissed MGNREGA as “the living monument of UPA’s failure’, the person-days generated was just 166 crore. In an indicator of rural distress, the last year of the NDA government shows a marked increase in the demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Official data show that in 2018-19, the demand for work inc

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'Final assault on Poverty': Rahul Gandhi on Rs 12K minimum income plan for poor

scheme would cover 5 crore families and benefit nearly 25 crore people, said Gandhi after the Congress Working Committee cleared the plan that party president described as the “final assault on Poverty”. This is about justice for the poor, said Gandhi at a press conference to announce the contours of the guarantee scheme that will make its way to the Congress manifesto ahead of the 2019 Lok Sabha elections. “We are going to giv

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'Access to formal credit increases income of farmers' -TV Jayan

re (MCE) by 10 per cent compared to those without formal credit facility. The per capita MCE is a proxy for household income and, therefore, an increase in household expenditure reflects a decline in Poverty, said Anjani Kumar, Research Fellow at the International Food Policy Research Institute (IFPRI), New Delhi Office. “The government has been making efforts to enhance the flow of credit to the agriculture sector and they are bearing fruits

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A meaningful safety net for the poor -Kirit Parikh

-The Indian Express Government’s scheme to pay Rs 6,000 every year to poor rural households will increase their expenditure, reduce Poverty by 10 to 20 per cent in many states. In the last week of February, the government launched a scheme to pay Rs 6,000 every year to poor rural households who own less than 2 hectares of land. The scheme will have an annual outlay of Rs 75,000 crore. The beneficiaries received the first installment of

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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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