-PTI New Delhi: The government may reduce allocation for the PM-Kisan scheme by 20 per cent to around ?60,000 crore in the upcoming budget due to implementation hurdles in some States, according to sources. The Centre had allocated Rs. 75,000 crore in the Budget Estimate (BE) for 2019-20 to implement the scheme, under which Rs. 6,000 is being provided to farmers per year in three equal instalments. Please click  here to read more. ...

-ThePrint.in Kids are denied lunch and weddings are austere as rural consumption takes a beating due to economic slowdown. ThePrint travels through UP to meet people caught in the crisis. Jagatpur/ Jayapura: It is peak wedding season in Jagatpur village in Rae Bareli, Uttar Pradesh. And while India’s economic slowdown has not stopped people from getting married, it has drastically shrunk 21-year-old Naushad’s once-booming tailoring business. Please click here to read more. ...

-The Hindu Business Line They await a comprehensive relief and rehabilitation package from the Centre “The governments here have been asleep for far too long. They should listen to us and solve our problems. If they can’t, they should just go,” thundered Vidya More, a 38-year-old farmer widow from Osmanabad district of Maharashtra. Her frustration is understandable; her husband committed suicide about eight years ago when he couldn’t get enough from his two-acre...

-The Hindu Investment in these areas will create demand in the short run and make the Economy.more competitive in the long run In recent months, the government’s macroeconomic policy has acquired a new salience in the context of reversing the current slowdown. The policy currently being pursued is intended primarily to incentivise potential investors by facilitating ease-of-doing-business and making large-scale concessions to the corporate sector. In this context, the government is...

-Newsclick.in Tax collections have plummeted and Modi Govt is scrambling to cut spending by Ministries, further deepening the crisis. For the first time in two decades, corporate and income tax collections are expected to fall in 2019-20. This is an indication of the gigantic mess created by the Narendra Modi government with its dogmatic commitment to reduce taxes on corporates and squeeze its own expenditure to supposedly boost the flagging Economy. As...