Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct
-The Financial Express Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the...
More »Towards solar-powered agriculture -Abhishek Jain
-The Hindu India must exploit the potential of this technology to help farmers meet irrigation needs In the past few years, solar pumps have consistently piqued the interest of various bureaucrats and politicians. The Prime Minister spoke about solar pumps from the ramparts of the Red Fort in 2016. There is no shortage of ideas which the Centre, States, civil society organisations, and enterprises are adopting to enhance penetration of solar for...
More »If it's a farm budget from Arun Jaitley, then it needs to be a smart one
-The Economic Times Finance Minister Arun Jaitley has given ample hint that Budget 2018 is going to be a farmer's Budget. Jaitley has said the agriculture sector is the top priority for the government because the country's economic growth is not justifiable and equitable unless the benefits were clear and evident in the farm sector. After launching options trading in guar seed on commodity exchange NCDEX yesterday, Jaitley said, "We see in...
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