-The Hindu Most of the earnings of the average farm household were spent in meeting consumption expenditures. Finance Minister Arun Jaitley announced a slew of measures in the Union Budget 2017 to boost the agriculture sector. Higher agricultural credit, higher allocation for irrigation projects, a crop insurance scheme and increased allocations for MGNREGA to dig farm ponds were among the measures announced on February 1. But will these help attain the goal...
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Lens on money bill route for party funding
-The Telegraph New Delhi: The Narendra Modi government appears to have again opted for the money bill route, this time to implement new provisions on political parties' funding, to "sidestep" the Rajya Sabha where the ruling NDA is in a minority. A money bill can be introduced, amended and voted on only in the Lok Sabha. They are referred to the Rajya Sabha but it cannot vote on them, nor can it...
More »Share of spend in government expenditure, GDP on education falling for 3 years -Subodh Varma
-The Times of India Spending on education as a share of the central government's total Budgeted expenditure has been falling for the past three years. Compared to 2013-14, the last year of UPA, when education got 4.57% of the total expenditure, there has been a steady decline — 3.65% in 2016-17, according to this Budget's revised estimate, with the estimated outlay for the coming year showing a minor uptick at 3.71%. Looking...
More »Balancing act in Budget 2017 is a curse for the poor -Yogendra Yadav
-Firstpost.com It was a replay of last year. Finance Minister Arun Jaitley read out his Budget speech, paying special attention to agriculture and rural areas. He highlighted a few figures. The media caught on to his words and figures and declared the Budget to be pro-farmer, pro-rural and pro-poor. We analysed the FM speech in our KisanSansad, held this year at Jantar Mantar, to coincide with the Budget presentation. We were disappointed...
More »Activist says Budget is not good for farmers -Sowmya Aji
-The Economic Times BENGALURU: Finance Minister Arun Jaitley’s pro-farmer pro-rural Budget has largely got a thumbs down from farm activists and agriculture experts in Karnataka, a state with 91 percent of its area reeling under severe drought and a rural economy collapse post-demonetisation. The state’s current agriculture growth rate, despite the drought, is an estimated 4.2 per cent, marginally higher than the 4.1 per cent that Jaitley has projected for the country....
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