-TheWire.in While the scheme has laid the foundation, its expansion will, like the GST, require a great deal of political consensus across states. The Narendra Modi government’s interim budget, which was announced in February 2019, brought a bonanza for farmers. Piyush Goyal, who was the finance minister when Arun Jaitley was on medical leave, announced a new scheme called the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) under which Rs 6,000 per year...
More »SEARCH RESULT
Recently presented Union Budget does not provide updated data on important heads for FY 2018-19
During budget presentations, budget documents, which are provided, carry updated data and information related to various departments and ministries of the Central Government such as on revenues, expenditures, deficits etc. Recently economists like Dr. Rathin Roy and Prof. Jayati Ghosh have expressed concerns about the Ministry of Finance for not uploading updated and appropriate budgetary data and figures on the website www.indiabudget.gov.in following the 2019-20 Union Budget presentation by the...
More »Reimagining the NITI Aayog -Vijay Kelkar & Abhay Pethe
-The Hindu The institution can play an important role in refreshing India’s fiscal federalism India’s Constitution-makers thought of India as a union of States with a centripetal bias, done, advisedly, to preserve the unity and integrity of a newly fledged nation. Since then, the Indian economy, polity, demography and society have undergone many changes. The new aspirational India is now firmly on a growth turnpike. It is in this context that we...
More »Agriculture sector representatives submit Budget wish list to finance minister -Madhvi Sally
-The Economic Times The government must extend benefits of the PM Kisan scheme to landless farmers and farm workers, said Ajay Vir Jakhar, chairman of the Bharat Krishak Samaj. Promote agri- startups particularly in rural regions, expand micro-irrigation, treat solar energy as third crop to augment income of farmers and enact labour reforms to push creation of off-farm jobs, were few of the suggestion which representatives of the agricultural and rural development...
More »Rs.3,000 monthly pension for kirana shopkeepers, traders: All you need to know
-Livemint.com * The new scheme is a part of Prime Minister Narendra Modi's universal social secuity programme * PM Narendra Modi's new pension scheme aims at benefiting over 3 crore traders and shopkeepers The newly-inducted Union Cabinet, in its first meeting, approved a mega pension scheme to provide a minimum assured pension of Rs.3000 per month to all small shopkeepers and retail traders. The new scheme is a part of Prime Minister Narendra Modi's...
More »