World Bank study on PMGSY: ‘Rural roads scheme triggered shift from farm to non-farm employment’

PMGSY was rolled out in 2000 to provide access to all-weather roads in 1.78 lakh rural habitations across the country. A recent independent World Bank assessment of the Pradhan Mantri Gram Sadak Yojana (PMGSY) rural roads programme meant to establish ‘farm to market connectivity’ shows that the PMGSY roads, in fact, “triggered a shift from […]

PM Kisan enrolments speed up, likely to be 70 million by July

Under the scheme that became operational on December 1, the Centre gives a cash benefit of Rs 6,000 to eligible farmers in three equal instalments to help them fund agricultural input costs. NEW DELHI: Enrolments for the farmers’ income support scheme have picked up pace with owners of large plots of land joining the welfare […]

Centre allocates Rs 75,000 cr for PM-KISAN to cover 145 million farmers

Nirmala Sitharaman has allocated Rs 12,000 crore less in the Budget for financial year 2019-20 towards the government’s flagship income support scheme — PM-Kisan– that has been extended to cover all Nirmala Sitharaman has allocated Rs 12,000 crore less in the Budget for financial year 2019-20 towards the government’s flagship income support scheme, PM-Kisan, which […]

5 MSME schemes for reviving traditional industries and rural entrepreneurship

India has a rich history of rural entrepreneurship in traditional industries such as coir, khadi, bamboo, cane, and more. Government bodies such as the MSME Ministry have been running various schemes to support and grow these industries. These schemes range from providing collateral-free credit and access to incubation centres to better equipment and employment opportunities […]

Telangana to spend Rs 32,000 crore on farm loan waiver

HIGHLIGHTS Telangana is set to spend Rs 32,000 crore on farm loan waiver this season — the highest-ever amount to be incurred on this count by any state in the country Though Maharashtra, Karnataka and Uttar Pradesh have given much higher estimated costs on loan waiver, their actual allocation has always been less, whereas Telangana’s […]

Pradhan Mantri Fasal Bima Yojana: An assessment of India’s crop insurance scheme

Agriculture remains the primary sector of the Indian economy. While it accounts for merely 16 percent of the country’s GDP, approximately 43.9 percent of the population depends on it for their livelihood. In recent years, indebtedness, crop failures, non-remunerative prices and poor returns have led to agrarian distress in many parts of the country. The […]