-Scroll.in The agriculture budget grew more than the actual budget in 2018-19. Some of Finance Minister Arun Jaitley’s promises to the agriculture sector in his Budget speech may be a little difficult to keep. Jaitley on Thursday announced two funds together valued at Rs 10,000 crore to develop infrastructure for the fisheries and animal husbandry sectors. But his Budget has allotted only Rs 10 crore to the Fisheries and Aquaculture Infrastructure Development...
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Centre readies Rs 6,000-crore plan to recharge groundwater -Moushumi Das Gupta
-Hindustan Times The Atal Bhujal Yojana will be launched in Gujarat, Maharashtra, Haryana, Karnataka, Rajasthan, Uttar Pradesh and Madhya Pradesh The government has finalised the contours of a Rs 6,000-crore scheme to tackle the country’s depleting groundwater level, almost a year-and-a-half after finance minister Arun Jaitley announced the plan in the Union Budget. Called the Atal Bhujal Yojana (ABY) and piloted by the Union water resources ministry, the scheme now needs the cabinet’s...
More »Budget 2018 to focus heavily on infra, rural spend, says ICRA -Joe C Mathew
-Business Today Social sector spending and investments in infrastructure development could be the highlights of the forthcoming Union Budget 2018-19, credit rating agency ICRA forecasts. It expects increase in budgetary allocations for social infrastructure and social security spending, such as NREGA (rural job security), food subsidy (food security), insurance schemes and welfare pensions. Larger allocations for infrastructure related to cold chains, etc., considered to boost the agricultural sector and the rural...
More »Millet Mission to promote nutrient-rich cereals; Rs. 800-crore outlay on the cards -Vishwanath Kulkarni
-The Hindu Business Line Likely to be announced in Budget; will help tackle malnutrition, support ryots Bengaluru: In the National Year of Millets, the Centre proposes to adopt a mission-mode approach to promote the nutrient-rich cereals, including sorghum, ragi and foxtail millets. Official sources said a Millet Mission is being proposed with an outlay of ?800 crore for the next two years to boost production of these cereals, which are naturally rich with...
More »'Unrealistic' solar target -GS Mudur
-The Telegraph New Delhi: The Centre's plan to install nearly a million solar-powered water pumps for irrigation in the next three years through a 30 per cent government subsidy appears fiscally unrealistic, energy researchers cautioned on Thursday and called for alternative financing strategies. The researchers with the New Delhi-based Council on Energy Environment and Water (CEEW) have estimated that the 30 per cent subsidy on solar irrigation pumps would cost the government...
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