-The Hindu The belt-tightening requires the poor to pay increased indirect taxes while the cushion of the social sector is consistently taken away from them. There is always a hype around a Union Budget but this time around, the expectations were running sky-high in terms of it being the make-or-break Budget for the Narendra Modi-led government since it happens to be in the middle of his five-year term. I must say at...

Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...

-The Asian Age The Mahatma Gandhi National Rural Employment Guarantee Act wages is set to go up, with the government on Thursday stating that it would bring parity with the agricultural minimum wages in states. The ministry of rural development would soon ask the finance ministry for an additional allocation of `2,000 crore to roll out the Wage Hike. Union minister for rural development Chaudhary Birendra Singh on Thursday informed the Lok...

-Livemint.com With rural distress taking a turn for the worse due to weather woes and lower crop prices, farmer unions write to PM demanding constitution of commission New Delhi: With rural distress taking a turn for the worse due to weather woes and lower crop prices, leading farmer unions from across the country have written a joint letter to Prime Minister Narendra Modi demanding constitution of an income commission that could...

-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...