-Press Note on Union Budget 2016-17 from Swaraj Abhiyan The farmers of India needed and expected a big deal from this year’s budget – they needed it because it is a time of unprecedented consecutive years of drought, and rising farmer suicides; they expected it because the Prime Minister and the government indicated that major pro-farmer steps would be announced in the Budget. The Budget presented by Finance Minister today is...
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Budget attempts to provide relief to drought-hit farmers -Jitendra
-Down to Earth But boost in agriculture budget not enough, say experts Sensing the prevailing agriculture crisis, Union finance minister Arun Jaitley announced in the Union Budget that budgetary allocation for the agriculture and farmers’ welfare ministry will be increased 45 per cent compared to last year. The government has set aside an allocation of Rs 35,984 crore which is Rs 11,000 crore more than that of last year. (See table)....
More »Union Budget 2016-17: Mere eyewash or some concrete steps
In the age of social media, various sections of the Indian polity and civil society have reacted publicly in diverse voices, following the presentation of the Union Budget 2016-17 by Finance Minister Shri Arun Jaitley. An assessment of the Union Budget 2016-17 has been done in the following paragraphs by the Inclusive Media for Change team, based on a number of media reports, Government documents (including the Budget documents), and reports...
More »Hype and reality -Jayati Ghosh
-The Indian Express The budget recognises the crisis in rural India, but allocations do not match the talk In India now, there appears to be an inverse relationship between the time finance ministers spend talking about a particular issue in their budget speeches and the amount of money they actually allocate to deal with it. This was true of former Finance Minister P. Chidambaram’s budget speeches, but incumbent FM Arun Jaitley...
More »UPA’s flagship MGNREGA receives a fresh lease of life -Harish Damodaran
-The Indian Express ‘Expect 215 crore person-days of employment in 2016-17’ The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA), the flagship welfare programme of the previous UPA dispensation, seems to have received a fresh lease of life. This, barely a year after PM Narendra Modi had called it a “living monument of your (the Congress’s) failure to tackle poverty in 60 years”. Arun Jaitley’s Union budget for 2016-17 has provided a...
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