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Explained: Why Centre's Reported Finances in the Economic Survey and Budget Differ -Suyash Tiwari

-TheWire.in/ PRS blog The Union Budget replicates revised estimates reported in the interim Budget, not the updated figures for 2018-19 from the Controller General of Accounts. Finance minister Nirmala Sitharaman presented the Union Budget for the financial year 2019-20 in parliament on July 5, 2019. In the 2019-20 budget, the government presented the estimates of its expenditure and receipts for the year 2019-20. The Budget also gave an account of how much...

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Budget push for zero budget farming but contradictions mar Andhra's natural agri foray -Leo Saldanha

-Down to Earth The method was promoted as low-cost investment on part of farmers, but huge amounts are being raised for statewide implementation Andhra Pradesh has played a leading role in promoting agroecological farming in the past two decades. The Community Managed Sustainable Agriculture (CMSA) initiative of the state is often cited as a major intervention which encouraged farmers to gradually move away from chemical-intensive farming. However, despite such efforts, just 1...

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Prudent prescription: on MSME sector

-The Hindu An RBI panel’s suggestions on the MSME sector cut to the heart of crucial issues The micro, small and medium enterprises (MSME) sector in India is not only a key engine of growth, contributing more than 28% of the GDP and about 45% to manufacturing output. It is also a true reflection of economics where people really matter. Providing employment to about 111 million people, the sector’s health is crucial...

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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...

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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...

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