-The Hindu Business Line A host of initiatives in the Budget should make the sector vibrant Budget 2022 seeks to double farmers’ income by building a robust system that enables easier access to finance, the marketplace and new-age technology. The government has allocated a sizeable amount for rural infrastructure development. This will help farmers get better access to the marketplace National Federation of State Co-operative Banks (NAFSCOB) data of 2019-20 shows that around...
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A cutback in PMFBY funding may further affect the timely release of compensation for crop failures
On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....
More »Bengal seeks 8 crore more mandays under 100-days’ job scheme -Snehamoy Chakraborty
-The Telegraph CM Mamata Banerjee also expressed her concern over the curtailment of allotment for the MGNREGA scheme during an administrative review meeting in Calcutta Bolpur (Birbhum): The Mamata Banerjee government has written to the Centre with a plea to approve 8 crore more mandays under the 100-days’ job scheme for Bengal in the current fiscal after the state achieved its approved labour budget of 27 crore mandays. “The Centre has so far...
More »Uttarakhand: Since 2017, Drastic Drop In Scholarships Availed by Minority Students
-TheWire.in The budget for the scheme – which reduced from Rs 3 crore in 2017-18 to Rs 2 lakh in 2020-21 – reflected this decline in students availing of the scholarship. New Delhi: The number of students from minority communities availing the pre-matric scholarship scheme in Uttarakhand dropped by over 100 times between 2017-18 and 2020-21, revealed an RTI filed by the Times of India. The scheme, which is run by the minority...
More »Social Sector Given Short Shrift in Budget -Rashme Sehgal
-Newsclick.in Major budgetary allocation cuts in crucial schemes for women, children and vulnerable sections are indicative of the government’s lopsided priorities. Finance Minister Nirmala Sitharaman’s budget has helped reinforce one home truth -- that India is divided into the salaried section and a vast underbelly, including the middle class who have been edged into poverty due to job losses suffered during the COVID pandemic. Coming out of the pandemic’s ‘third wave’, issues of...
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