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A hand-to-mouth Budget -Puja Mehra

-The Hindu It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or the budgeting, to the fine print, in a break with tradition; they are usually presented as a part of the speech on the floor of the House in Parliament. What are...

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Minimum wage law to skirt rural job scheme under MGNREGA

-The Telegraph The Code on Wages Bill would have no implications for the rural job guarantee scheme New Delhi: The minimum wage to be stipulated under a proposed central law will not apply to unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Act, the government said on Wednesday. Labour minister Santosh Gangwar and rural development minister Narendra Singh Tomar said the Code on Wages Bill would have no implications for the...

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MP Raju Shetti, Maharashtra's foremost farmer leader and president of Swabhimani Shetkari Sanghtana, interviewed by Ajaz Ashraf (Newsclick.in)

-Newsclick.in “Our population today is around 136 crore. Where will you get food grains for them through zero budget farming? This is sheer madness.” There is an inherent seductive charm to the term zero budget natural farming, for it makes the arduous occupation of agriculture appear beguilingly simple, an economic proposition without any risk or even requirement of capital. Coined by the Vidarbha-based farmer, Subhash Palekar, WHO was bestowed with the Padma...

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Lifting 271 mn out of poverty in 10 yrs, India fastest, Jharkhand No. 1 area: UN -Shalini Nair

-The Indian Express According to the global MPI 2019 report released Thursday, between 2005-06 and 2015-16, India, lifted 271 million out of poverty, significantly reducing deprivations in many of the ten indicators, particularly in “assets, cooking fuel, sanitation and nutrition”. India has registered the fastest absolute reduction in the Multidimensional Poverty Index (MPI) value among ten countries, spanning every developing region, WHOse combined population is two billion people. And Jharkhand is...

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The Mystery Of The 'Missing' Rs. 1.7 Lakh Crore In India's Budget -Sreenivasan Jain

-NDTV Three days after the Union Budget was presented, questions have surfaced over a nearly Rs. 2 lakh crore 'fiscal hole' in India's financial accounts. The anomaly was first picked up by Rathin Roy, a member of the Prime Minister's Economic Advisory Council. Writing in the Business Standard, he studied both the Economic Survey and the Budget and found that the revenue estimates for 2018-19, in other words how much the government...

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