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Union Budget likely on February 29

-The Hindu The government aims to sustain high growth and is likely to incorporate a 3-year road map. The NDA Government will present Budget 2016-17 in Parliament on February 29, Minister of State for Finance Jayant Sinha said on Thursday. The Government aims to sustain high growth and may incorporate a two-three year roadmap for economic policies, he said. “We are working hard on Budget that will be presented on February 29 and that...

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Social sector asks Jaitley to review subsidy alternatives -TCA Sharad Raghavan

-The Hindu Several instances of in-kind transfers being successfully implemented. Social sector groups want Finance Minister to review the implementation of alternative subsidy systems before going ahead with Direct Benefit Transfer (DBT). “There have been several instances of in-kind transfers being successfully implemented in various parts of the country. Our appeal to the Finance Minister was to look at all the successful examples of alternative schemes before the government pushes ahead with the...

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How JAMghat, an NGO, is helping street children -Geetanjali Krishna

-Business Standard JAMghat, an organisation in Delhi, is steering street children towards a better life The year was 2003. Prince Charles was to visit India and the NGO Action Aid planned to stage a street play on homelessness for him. It roped in Amit Sinha, a theatre professional, and 14 street children from diverse backgrounds for the project. The play was a success and the ragtag band toured the country to perform it....

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Farmland-lease nod on table -Basant Kumar Mohanty

-The Telegraph New Delhi: A high-level panel is set to propose legalising the leasing of farmland in all states, a practice now banned in many states as a perceived legacy of the zamindari system. If it's legalised, people unable or unwilling to till their farmland - or at least the whole of it - can formally lease their land or a part of it for cultivation by others. This will allow millions of...

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Managing agricultural risk

-The Hindu Business Line The proposed crop insurance overhaul is a welcome step The Centre’s move to come out with a new crop insurance policy has not come a moment too soon. The initiative seems keen to address two main impediments to enhance the coverage of crop insurance — high rates of premium under the Modified National Agriculture Insurance Scheme (MNAIS), particularly in relation to the sum insured, and inaccuracies in estimating...

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