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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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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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