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Budget expectations for rural sector

Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...

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More than Make in India, Jaitley Needs to Focus on Farm in India -Devinder Sharma

-TheWire.in We are in a moment when the global economy shows no signs of revival; Russia and Japan are faced with recession, and emerging economies like Brazil and South Africa are in dire straits. There is no silver lining visible as far as domestic industrial growth is concerned. At such a time, all eyes are on Union finance minister Arun Jaitley to see how he plans to sustain economic growth that...

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Flagship scheme MGNREGA: Sustainability of a turnaround - Shalini Nair

-The Indian Express A renewed funding squeeze may undermine MGNREGA’s recent revival, fear civil society activists. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme which guarantees 100 days of wage employment per year to rural households, may have staged a revival in the last two quarters after showing a declining trend in person-days generation during the first year of the Narendra Modi government. But the turnaround could well be temporary,...

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MGNREGA: Minister writes to Jaitley, seeks more funds for job scheme

-The Indian Express Twelve states presently show a negative balance with long overdue unpaid wages, threatening the continuation of the scheme. Despite the recent revival, there is crisis looming for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) as the Rural Development Ministry has exhausted more than 95 per cent of its budget provision for the scheme. The fund squeeze has forced Rural Development Minister Birender Singh to write to Finance...

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Ramesh Chand, Member, NITI Aayog speaks to Mahendra Kumar Singh & Surojit Gupta

-The Times of India Ramesh Chand has spent over three decades in farm research and teaching agricultural economics and policy. He has now been appointed as a key member of the NITI Aayog to prepare a blueprint for the revival of the agricultural sector. In an interview to TOI, Chand talks about prices, rural distress, role of cutting edge technology and the need for state run institutions in the farm sector....

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