-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...
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PM Kisan Samman Nidhi: Small farmers to get Rs 6000 direct cash transfer, first installment before polls
-The Indian Express Called Pradhan Mantri Kisan Samman Nidhi, the scheme will benefit about 12 crore small and marginal farmers and will come into effect retrospectively from December 1, 2018, and the first instalment will be disbursed before the elections. New Delhi: In a bid to woo the farming community ahead of the Lok Sabha elections, interim Finance Minister Piyush Goyal in his Budget speech on Friday announced a Rs 6,000...
More »Budget allocation for agrarian welfare is utter betrayal to farmers: Kisan Sabha -Pratyaksh Srivastava
-The Indian Express "It was felt that the BJP's defeat in the recent state elections might force it to take some concrete steps in the Budget on these issues. Sadly, it hasn't happened and has disappointed farmers again," said Ajit Nawale, Maharashtra general secretary of All India Kisan Sabha (AIKS). New Delhi: Criticising the central government’s cash dole of Rs 6,000 per year to small farmers, the All India Kisan Sabha...
More »Interim Budget 2019: 'Gokul Mission funds have not been suitably utilised at all' -Jitendra
-Down to Earth The scheme is just 'lip service' for the Modi government says official even as Piyush Goyal allocates Rs 750 crore to it Usually, the Union government’s Budget is allocated for all types of livestock and animal husbandry development purposes. On February 1, 2019, interim Minister of Finance Piyush Goyal eulogised cattle in his speech and allocated Rs 750 crore for them under the Rashtriya Gokul Mission (RGM). RGM is...
More »Full Budget against Constitution: Yashwant Sinha
-The Hindu ‘Economic Survey also against norms’ New Delhi: If the Narendra Modi government presents a full Budget instead of a vote-on-account, it will not only be improper but also unconstitutional, former Finance Minister Yashwant Sinha said on Monday. “No Finance Minister has presented a Finance Bill in a vote-on-account session. If this government does that, it will be the first time and it will be in direct contravention of the Constitution,”...
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