-BusinessToday.in DBT scheme draft requires states to share burden 70:30, but states are in no mood to bear the burden. Centre will likely announce direct benefit transfer (DBT) worth Rs 4,000 per acre per season plus interest-free crop loan up to Rs 1 lakh per farmer in an instant two-fold relief to the farmers, sources in the know told BusinessToday.In. The initiatives will cost the Centre Rs 2 lakh crore towards DBT...
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Maharashtra govt rolls out new plan for slum-free Mumbai -Sandeep A Ashar
-The Indian Express Maharashtra govt rolls out new plan for slum-free Mumbai Mumbai: The Maharashtra government on Thursday rolled out a new plan to take Mumbai towards a slum-free status. Under this plan, over 18 lakh slum dwellers residing in slum tenements, that came up between 2000 and 2011, have now been guaranteed a replacement house. However, it will not be for free. All these residents would need to pay for the...
More »Not in favour of farm loan waiver: Govt informs parliament
-PTI The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate and has systematic consequences New Delhi: The government is not in favour of farm loan waiver as it negatively impacts credit and recovery climate, parliament was informed on Tuesday. However, several measures have been initiated to reduce the debt burden on farmers and increase availability of institutional credit, minister of state for agriculture Gajendra...
More »For India's Farmers, Budget 2018 Is Nothing but a Hoax -Kirankumar Vissa
-TheWire.in The finance minister has made a big announcement on minimum support price, but he should make it clear whether all he is promising is to take the prices back to the UPA-II levels. The government has done it again. Like last year, there has been much hype about a pro-farmer Budget, but in actuality it rests on misleading claims which don’t address the farming crisis. Last year, the agriculture credit target...
More »Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
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