-Livemint.com Increased funding to go into irrigation schemes, crop insurance, national e-market for farm produce, pulse production and interest subsidy New Delhi: In a major push for agriculture in the Union budget, funding for the recently launched crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has been more than doubled from Rs.2,589 crore in 2015-16 (budget estimate) to Rs.5,500 crore for 2016-17. The budget announced on Monday placed a renewed focus...
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Vast gaps in Irrigation potential & utilization
In the midst of irregular monsoons affecting agriculture, a new report shows stagnation in the state of irrigation infrastructure. The recent report entitled Infrastructure Statistics 2014 (Third Issue) by the Ministry of Statistics and Programme Implementation (MoSPI) has provided information that despite the rise in expenditure on irrigation infrastructure, there has been no substantial improvement in the gross irrigation potential utilized*. Athough expenditure on irrigation has increased from Rs. 36561.64 crores...
More »12355 Minor Irrigation Schemes Completed
-Press Information Bureau/ Ministry of Water Resources A total no. of 16456 Minor Irrigation (MI) Schemes with a combined total estimated cost of Rs.22572.7391 crore have been taken up in the states upto July 30, 2014 of which 12355 MI schemes have been completed till date. The total potential planned of above schemes is 24.48 lakh hectare. An irrigation potential of 14.39 lakh hectare has been achieved. Water being a State subject,...
More »Flagship schemes in go-slow mode by Sreelatha Menon
The flagship programmes of the UPA government in the social sector have had little impact. Spending has been between 25 and 75 per cent in many schemes like the Indira Awas Yojana, the rural housing scheme, the rural electrification scheme and the rural health programme. Irrigation statistics have come under scrutiny. Some education initiatives have managed to achieve physical targets but several NGOs have raised issues concerning the quality. National Rural Employment...
More »Union Budget And Other Economic Policies
**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...
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