-The Indian Express ‘Expect 215 crore person-days of employment in 2016-17’ The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA), the flagship welfare programme of the previous UPA dispensation, seems to have received a fresh lease of life. This, barely a year after PM Narendra Modi had called it a “living monument of your (the Congress’s) failure to tackle poverty in 60 years”. Arun Jaitley’s Union budget for 2016-17 has provided a...
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MNREGA: Once again, Jaitley (wrongly) claims highest-ever outlay for 'monument to Congress failure' -Anumeha Yadav
-Scroll.in Already 21 states have no funds and pending liabilities of Rs 6359 crore – as much as 16% of the outlay. Presenting his third budget, Finance Minister Arun Jaitley announced an outlay of Rs 38,500 crore to the Mahatma Gandhi National Rural Employment Guarantee scheme. This was the second consecutive year the finance minister increased the outlay for the rural works scheme, which Prime Minister Narendra Modi had last February attacked...
More »The Poor Badly Needed a Good Budget this Year. Well, They Didn’t Get It. -Bharat Dogra
-TheWire.in Jaitley said he was making a record allocation to NREGA but the increase is a modest one in real terms and is even more suspect if one considers the backlog from previous year, particularly of delayed wages While various lobbyists did what they could to keep the finance ministry well informed about their demands, one is not so sure whether the needs of the poorest and most needy sections were articulated...
More »Government tries to harvest success with farmer-friendly Budget -Richard Mahapatra
-Down to Earth The 2016 Budget has the right intent for the rural sector, but lacks clarity Union finance minister Arun Jaitley devoted a major part of his third budget speech to “transform India” and of the nine pillars to achieve the goal, three were on strengthening the rural sector. Altogether, the rural sector (including irrigation and agriculture) received close to Rs 200,000 crore this Budget, which makes one point clear:...
More »Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
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