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Social sector asks Jaitley to review subsidy alternatives -TCA Sharad Raghavan

-The Hindu Several instances of in-kind transfers being successfully implemented. Social sector groups want Finance Minister to review the implementation of alternative subsidy systems before going ahead with Direct Benefit Transfer (DBT). “There have been several instances of in-kind transfers being successfully implemented in various parts of the country. Our appeal to the Finance Minister was to look at all the successful examples of alternative schemes before the government pushes ahead with the...

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Give highest priority to rural job guarantee scheme in Budget, eminent citizens tell Jaitley

-The Hindu Business Line New Delhi: Ahead of the Budget, eminent citizens across the country have written an open letter to Finance Minister Arun Jaitley requesting him to accord “highest priority” to the rural job guarantee scheme, MGNREGA, and allocate additional ₹5,000 crore to the Ministry of Rural Development. “Subsequent Budget estimations and allocations to the programme must be brought in line with inflation; be measured and maintained as a percentage of...

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Civil society urges more resources for social sector

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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From plate to plough: A new budget in the new year -Ashok Gulati

-The Indian Express The farmers are under severe stress, with profitability in farming falling alarmingly. FY17 budget must boldly address the agriculture crisis. Finance Minister Arun Jaitley and his team are beginning pre-budget consultations with various stakeholders for the upcoming FY17 budget. Generally, the consultations start with agriculture, slated for January 4. It’s good practice and courteous to invite farm experts and farmers’ representatives. Often, one finds these meetings full of anguish...

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