-The Economic Times PUNE: Farmers are highly disappointed with Budget 2017 alleging that the Prime Minister has not done enough to fulfill his pre-election promises made to the farming community. The announcement of increasing farm credit to 10 lakh crore may not help much the small and marginalised farmers, who are outside the banking network. "About 60% of the farmers are outside the banking system. They depend upon the informal sector for loans....
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Tamil Nadu to promote dryland farming under cluster mode
-The Times of India CHENNAI: The Tamil Nadu government has launched a major initiative to promote dry land farming in cluster mode, focusing on improving production and productivity of millets, pulses and oilseeds in rain-fed agricultural fields, which remain by and large unused. The scheme, rolled out through a government order on January 27 is worth Rs 803 crore and aims at water conservation, promoting mixed farming, mini-dairy and poultry units to...
More »Big purse for job scheme, still short
-The Telegraph New Delhi: The Centre today proposed its highest ever budget allocation for the rural job guarantee scheme but critics rued that the increase was just Rs 500 crore over the revised allocation last year. Finance minister Arun Jaitley announced Rs 48,000 crore for projects and payment under the Mahatma Gandhi National Rural Employment Guarantee Act, flagging the hike from the Rs 38,500 crore allocated last year (See chart). Social activists, however,...
More »Child malnutrition on rise but funding falters -Komal Ganotra
-Down to Earth Almost 40 per cent of India's population is minor but the budget allocated to them is a meagre four per cent of the Union budget It was a mid-winter morning when we first met her at the anganwadi centre of Mai, a small village by the bank of the River Ganga in Bihar’s Munger district. The breakfast session at the anganwadi centre was just over, though some of the...
More »Cash-for-all worth a debate: Economic Survey
-The Times of India NEW DELHI: Universal Basic Income (UBI) or direct cash transfer is a powerful idea that mandates serious discussion, the Economic Survey said on Tuesday as it presented scenarios both for and against the scheme — which is aimed at eradicating poverty. It said that a UBI that reduces poverty to 0.5% would cost between 4-5% of GDP, assuming that those in the top 25% income bracket do...
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