-The Hindu Be it education, health, pensions for the socially vulnerable, distressed farmers, or MGNREGA, the 2016 Union Budget has nothing radical to offer. Appearances can be deceptive. Finance Minister Arun Jaitley’s emphasis on doubling farm incomes, rural development, and allocations for a battery of impressively named schemes for the social sector may give the impression that the right-wing NDA government has suddenly taken a ‘socialist’ turn. The reality, however, is otherwise. Howsoever...
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No Gamechangers For Farmers -Ashok Gulati
-The Indian Express Budget makes the right moves on agriculture, but they may not be bold enough. In the last two weeks, Prime Minister Narendra Modi addressed THRee rallies of farmers, one each in MP, Karnataka and UP. Although it was late in the game, as farmers have been reeling under acute distress for two years, yet better late than never. Addressing the rallies, the PM thundered he would like to...
More »Budget 2016: Govt raises agriculture spending to Rs.36,000 crore -Sayantan Bera
-Livemint.com Increased funding to go into irrigation schemes, crop insurance, national e-market for farm produce, pulse production and interest subsidy New Delhi: In a major push for agriculture in the Union budget, funding for the recently launched crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has been more than doubled from Rs.2,589 crore in 2015-16 (budget estimate) to Rs.5,500 crore for 2016-17. The budget announced on Monday placed a renewed focus...
More »Get down to business -Ashok Chawla
-The Indian Express If India is to improve its ease of doing business rank, the Centre needs to partner with states Twenty-five years ago, there would have been no interest in a subject such as the ease of doing business in India. What mattered then was the level of protection the closed economy provided and the ability to negotiate industrial approvals from Udyog Bhawan. Much water has since flown down the...
More »A budget for Bharat can reset the narrative -Anil Padmanabhan
-Livemint.com Pro-poor and yet not populist can be the single defining strand of this year’s Union budget The run-up to this year’s Union budget, especially the past one week, has taken place in the backdrop of an unprecedented, vicious political confrontation between the ruling Bharatiya Janata Party (BJP) and the opposition. Together with the hit-wicket tendencies of the BJP-led National Democratic Alliance (NDA), it probably exaggerated the magnitude of every challenge...
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