Context There has been a sharp growth in electricity use in the agriculture sector, especially since the 1980s with consumption rising from 8% of total consumption in 1969 to 17% in 2016. This is supplied either free or at subsidised rates, and a large part of it is not metered. There is a strong linkage between electricity, water… Continue reading Power Subsidy in Agriculture and Related Issue
Even after three decades of sustained economic growth and a proliferation of welfare schemes, roughly one in three Indians still live below the poverty line, according to the last report on poverty estimates submitted by the Rangarajan committee in 2014. While those estimates have been questioned, the fact remains that there is little dispute over… Continue reading Is India Ready For A Universal Basic Income Scheme?
Table of contents Introduction Subsidies: are they solution to a problem or are they themselves a problem? Subsidies and its opportunity costs Some subsidies led distortion in India Direct Benefit Transfers as solution JAM Trinity – Jan Dhan Yojna, Adhaar and Mobile base Conclusion Subsidies are one of the quintessential attributes of any welfare state.… Continue reading Subsidies in India
Article Link So far, Direct Benefit Transfer (DBT) has been able to tackle two major issues associated with subsidies in India-targeting and leakages. This makes the time ripe to have DBT for all subsidy programmes. What is DBT? The government’s DBT plan involves transferring the subsidy amount directly to the beneficiaries’ bank accounts. Here, the… Continue reading A Case for Expanding DBT