The UPA-II has used the Budget to again play politics with hunger. But it has paid no heed to the ticking time bomb of growing social tensions as 58 million Indians living off agriculture slide deeper into poverty. The Economic Survey says more than half the population is dependent on a sector whose share in the economy is shrinking. The urban-rural income divide is therefore steadily widening, a tinder box that...
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No green signal yet for the Yuva Kisan by MS Swaminathan
In this year's budget, Union Finance Minister Pranab Mukherjee has essentially tried to consolidate the gains from the initiatives he had launched during the previous two budgets. Thus, in agriculture there is no new initiative except increasing the target for agricultural credit to Rs.5,75,000 crore during 2012-13. This represents an increase of over Rs.1,00,000 crore from last year. The interest rate of four per cent recommended by the National Commission...
More »Job scheme pioneer Rajasthan now lagging behind by Sunny Sebastian
MGNREGS figures register a decline in desert State; Haryana forges ahead in the race Is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the much talked about flagship programme of the United Progressive Alliance government, losing steam in Rajasthan? Doubts over the credibility of the scheme have sprung up in the State that ironically pioneered the right to employment movement in the country. Today Rajasthan lags behind its neighbour Haryana in...
More »Economic survey 2011-12: Extend rural job scheme to urban areas
-IANS Calling for effective measures to improve the efficiency of social sector programmes, the Economic Survey for 2011-12 has suggested extending the government's ambitious rural jobs scheme to urban areas, strengthening panchayati raj institutions (PRIs) and skill improvement for enhanced employability. The survey, which was presented by Finance Minister Pranab Mukherjee in parliament Thursday, said that programmes like Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have been instrumental in creating employment...
More »Agri credit target increased by Rs 1 lakh cr for 2012-13
-The Indian Express Finance Minister Pranab Mukherjee today announced Rs 1,00,000 crore increase in the agriculture credit target to Rs 5,75,000 for the next fiscal and raised the outlay for farm sector by about Rs 3,000 crore. "Agriculture continues to be a priority to the government. The total plan outlay for agriculture and cooperation has been increased by 18 per cent from Rs 17,123 crore in 2011-12 to Rs 20,208 crore in...
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