-The Hindu Arun Jaitley has steered clear of populist giveaways in the run-up to Assembly elections Some said it was a ‘make or break’ Budget, one that would use the potential gains from demonetisation to give a decisive push to economic growth. Others said it would be a populist Budget aimed at the upcoming elections in Uttar Pradesh and elsewhere. It has turned out to be neither. Finance Minister Arun Jaitley has presented...
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Pregnant Women Entitled to Rs 6,000: Maternity scheme gets Rs 2,700 crore, experts say not enough - Shalini Nair
-The Indian Express The scheme grants Rs 6,000 to pregnant and lactating women who go for institutional delivery and vaccinate their children. The much-talked about maternity benefit entitlement of Rs 6,000 per woman, announced by Prime Minister Narendra Modi on December 31, 2016, has received a meagre allocation of Rs 2,700 crore. This is not even a quarter of the estimate drawn up by civil society groups that have been long demanding...
More »Budget 2017: Lowering Cash Limit for Political Donations Farcical, Say RTI Activists -Gaurav Vivek Bhatnagar
-TheWire.in Many feel the move is pointless as lowering the disclosure limit requires an amendment to the Representation of Peoples Act, which remains unchanged. Several RTI activists have dismissed finance minister Arun Jaitley’s announcement that cash donations to political parties will now be capped at Rs 2000, down from the earlier limit of Rs 20,000. They have questioned the intent behind the decision – it is meant to increase transparency and accountability...
More »Big purse for job scheme, still short
-The Telegraph New Delhi: The Centre today proposed its highest ever Budget allocation for the rural job guarantee scheme but critics rued that the increase was just Rs 500 crore over the revised allocation last year. Finance minister Arun Jaitley announced Rs 48,000 crore for projects and payment under the Mahatma Gandhi National Rural Employment Guarantee Act, flagging the hike from the Rs 38,500 crore allocated last year (See chart). Social activists, however,...
More »Farmers are not happy with the Union Budget of 2017 -Jayashree Bhosale
-The Economic Times PUNE: Farmers are highly disappointed with Budget 2017 alleging that the Prime Minister has not done enough to fulfill his pre-election promises made to the farming community. The announcement of increasing farm credit to 10 lakh crore may not help much the small and marginalised farmers, who are outside the banking network. "About 60% of the farmers are outside the banking system. They depend upon the informal sector for loans....
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