-The Asian Age The Economic Survey of 2015-2016 is a lovely document which goes into great detail on what is wrong with India on the economic front and offers good workable solutions to solve these problems. One of the points that the survey makes is regarding Indian agriculture becoming cereal-centric. The reason for this lies in the fact that the government procures rice and wheat from farmers at the minimum support price...
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Budget 2016: Allocation math for agriculture sector doesn’t add up -Sayantan Bera
-Livemint.com The agriculture sector saw a 94% increase in allocation, but an analysis of the numbers suggest that the real hike is a modest 27% New Delhi: In a bid to revive growth in agriculture and improve farm incomes, at a time when rural India is weathering a protracted period of distress, the Union Budget presented on Monday placed a renewed focus on the farm sector by increasing funds for crop insurance...
More »UPA’s flagship MGNREGA receives a fresh lease of life -Harish Damodaran
-The Indian Express ‘Expect 215 crore person-days of employment in 2016-17’ The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA), the flagship welfare programme of the previous UPA dispensation, seems to have received a fresh lease of life. This, barely a year after PM Narendra Modi had called it a “living monument of your (the Congress’s) failure to tackle poverty in 60 years”. Arun Jaitley’s Union budget for 2016-17 has provided a...
More »MNREGA: Once again, Jaitley (wrongly) claims highest-ever outlay for 'monument to Congress failure' -Anumeha Yadav
-Scroll.in Already 21 states have no funds and pending liabilities of Rs 6359 crore – as much as 16% of the outlay. Presenting his third budget, Finance Minister Arun Jaitley announced an outlay of Rs 38,500 crore to the Mahatma Gandhi National Rural Employment Guarantee scheme. This was the second consecutive year the finance minister increased the outlay for the rural works scheme, which Prime Minister Narendra Modi had last February attacked...
More »Government tries to harvest success with farmer-friendly Budget -Richard Mahapatra
-Down to Earth The 2016 Budget has the right intent for the rural sector, but lacks clarity Union finance minister Arun Jaitley devoted a major part of his third budget speech to “transform India” and of the nine pillars to achieve the goal, three were on strengthening the rural sector. Altogether, the rural sector (including irrigation and agriculture) received close to Rs 200,000 crore this Budget, which makes one point clear:...
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