During natural calamities like droughts, floods or pandemics, cash transfers may not be of much help. It is a good policy to distribute food grains rather than cash.
PMGKAY was extended for three more months last week. An analysis of the scheme's beneficiaries shows that over 50% of the population in Gujarat and 38% in HP will benefit from it.
Paper suggests extreme poverty in India was as low as 0.8 per cent of population in 2019 & food transfers were instrumental in ensuring that it remained at that low level in pandemic year of 2020.
The PMGKAY scheme was initially launched for three months from April 2020 to provide relief to poor people amid the Covid pandemic. It has been extended several times since then.
Food Secretary Sudhanshu Pandey said the scheme will continue till November and is a massive intervention by the Modi government to support the people during the pandemic.
PMGKAY was reintroduced for two months until June in order to minimise the economic hardships being faced by the poor PDS beneficiaries during the second wave of the Covid pandemic.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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