-The Indian Express The Union budget is largely about the intentions and policies of the government of the day, as well as the arithmetic of resource mobilisation and allocation to achieve certain ends in the economy. The diagnostics of various economic problems and their probable solutions are generally found in the Economic Survey. The Economic Survey clearly indicates that growth in agri-GDP in FY15 has collapsed to just 1.1 per cent, while...
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Budget 2015: The need for an overhaul in Indian agriculture sector -Ajeet Kumar
-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
More »Rs.98,679 cr. for priority sector lending in AP
-The Hindu Hyderabad: The credit plan estimate for 2015-16 for priority sector lending in Andhra Pradesh has been put at Rs.98,679 crore by the National Bank for Agriculture and Rural Development, 27 per cent higher than State's credit plan for 2014-15. The plan estimate was unveiled here on Thursday at a State Credit Seminar, which was attended by Chief Minister N. Chandrababu Naidu, Agriculture Minister P. Pulla Rao and Chief Secretary I.Y.R....
More »Govt's land law revives lost order of sarkar raj -Nitin Sethi
-Business Standard The ordinance has returned near absolute power of discretion in land acquisition, except in tribal areas, into the hands of the bureaucracy yet again Even after the National Democratic Alliance's land ordinance, governments will still need the consent of tribal gram sabhas in all Schedule V and VI areas of the country before acquiring land for themselves or for public-private projects. While the land ordinance has done away with the need...
More »Intelligence Bureau raises red flag on farmer suicides in its report to PMO -Aman Sharma
-The Economic Times NEW DELHI: The Intelligence Bureau has termed loan waiver and relief packages for distressed farmers as "short-term" measures and said the issue of farmer suicides needs a comprehensive solution. In a report to the Prime Minister's Office last week, the IB said farmer suicide is on a rise in Maharashtra, Telangana, Karnataka and Punjab. It also pointed to suicides by debt-ridden farmers in Gujarat, UP and Tamil Nadu...
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