Farmers’ friend

Listen to this article

Telangana Chief Mini-ster K Chandrashekar Rao has earned a reputation for his business-friendly policies. Business leaders like Cognizant’s Lakshmi Nara-yanan express admiration for Rao’s focus on IT systems and transparency in the fast, corruption-free clearances of proposals for setting up businesses in Telangana. The state has rightly earned the numero uno status for such efficiencies.
Rao focuses equally on publicising the state’s performance. The promotions in national news channels have been well-crafted. A recent measure is the state’s initiative, Rythu Bandhu. The scheme offers Rs 8000 per acre annual grant to all Telangana farmers. 58 lakh pattadhar pass book-cum-title deed with 17 security features are being distributed.
This is similar to the idea mooted by Chief Economic Adviser Arvind Subramanian in 2017, of providing a cash payment to citizens under Universal Basic Income (UBI) scheme to take care of their minimum requirements.
In the context of the continuing demand for waiver of farm loans, this offer is bound to receive full support and of course, votes. One hopes that Rao also works at measures to improve agricultural incomes by fundamental reforms like agglomeration of land holdings permitting long-term lease.

Latest

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

Newsletter

Don't miss

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...