-The Indian Express Considering all these aspects, farmers had higher expectation that Budget 2017-18 would give them the best deal. However, this expectation was not met. It is now widely recognised and reported that farmers in India are facing a distressing situation. During 1995-96 to 2015-16, about 3 lakh farmers in the country committed suicide due to economic distress and depression. The Election Manifesto of Bharatiya Janata Party in both 1998 and...
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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....
More »A Budget few can quarrel over -TT Ram Mohan
-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...
More »Amid election extravaganza, cycle of farmer suicides continue to rust India's grain bowl
-ANI Ludhiana (Punjab): "My father was under debt, no leader came for help," says a tear eyed Gursevak Singh, the son of a Punjab farmer who committed suicide. Gursevak's father, who was drenched in debt, committed suicide after his crops got damaged. "My father committed suicide, he was under debt and succumbing to the tension of repaying the loan he took the decision of ending his life. No leader helped us," he says. Ever...
More »Why I fear Union Budget 2017 -Yogendra Yadav
-Firstpost.com I fear this budget. I fear that Finance Minister Arun Jaitley might announce an idea that I have liked and advocated: The idea of a Universal Basic Income. I fear it because Jaitley may use this label to justify something quite the opposite. In the process, he might ruin a good idea. Straws in the wind indicate that he might try something to this effect. Demonetisation was part of a grand...
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