-The Times of India NAGPUR: Several new components like stress on irrigation in dry-land areas, price stabilization fund, bringing landless farmers in pale of institutional finance through NABARD for working on leased lands, allowing MGNREGA in farm work have won bouquets for finance minister Arun Jaitley from farm activists. "Move to set up a national market for farm produce, micro irrigation and watershed schemes in drought-prone regions, crop loan facilities to landless...
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'Budget silent on crucial farmer suicide issue'
-The Times of India AMRITSAR: The first budget presented by Prime Minister Narendra Modi's government has deflated the expectations of farmers who were looking for 'achhe din' ahead. With a major chunk of farmers reeling under debt, famers and their leaders were disappointed on finding that the finance minister's speech was silent on measures to address the crucial issue of farmer suicides. "In Punjab, the state government's official figures put the farmers'...
More »Small beginning in the right direction -Prof. MS Swaminathan
-The Hindu Overall, the Budget places considerable emphasis on agricultural renewal and agrarian prosperity. Obviously, the allocations are small but a beginning has been made to look at the problems in farming in a more holistic manner. The Union Budget is a resource allocation exercise. The priorities in the allocation were indicated in the address of the President to Parliament on June 9. While the President's address provides a framework for political...
More »Co-op sector share in rural credit declining; PACs should be revitalised
-The Hindu Business Line Visakhapatnam: The share of co-operatives in rural credit, which once stood at 60 per cent in 1990, has now declined to a paltry 15 per cent and therefore there is an urgent need to revitalise primary agricultural co-operatives (PACs) by converting them into multi-service centres, according to Jiji Mammen, the Chief General Manager of the NABARD, Hyderabad. He was speaking here on Wednesday at the inaugural of...
More »Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
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