-Newsclick.in The Finance Minister of Uttar Pradesh Rajesh Agarwal presented the Budget for financial year 2018-19 on February 16. The State government allocated Rs. 63,223 crores for overall Education sector which is an increase of 10.90% as compared to 2017-18 in which Rs. 56,993 crores were allocated. Out of this amount, Rs. 50,142 crore will be spent on Primary Education, Rs. 9,387 crore on secondary education and Rs. 2,656 on higher education....
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Data shows corporates are consistently favoured over rural India -Jitendra
-Down to Earth Corporate India gets indirect subsidy equivalent to 60 per cent of government expenditure on rural areas A recent analysis has revealed a shocking injustice being done consistently to rural India by the government with corporates getting subsidies at its expense. The Inclusive Media for Change, a New Delhi-based non-profit has analysed the last seven Union Budgets. It has found that indirect subsidy, termed as “tax expenditure” that was given...
More »Centre, states to discuss how to ensure MSP for farmers
-PTI The Centre will consult state governments early next month to set up a mechanism for protecting farmers' income when market prices fall below the minimum support price (MSP), Agriculture Secretary S K Pattanayak said today. A model law is also being prepared to ensure tenant cultivators get institutional credit and interest subsidy, he added. "We will call a meeting of state governments early next month to discuss a mechanism so that farmers...
More »Why the Budget may not benefit the female kisan -Jayashree Nandi
-The Times of India Laduben, 70, of Kuda village in Gujarat's Bhavnagar has waited for more than 20 years to be recognised as a 'farmer' in government records and become the rightful owner of the land she cultivated for years. Laduben's husband passed away when her three daughters were little and she was carrying her fourth child. Her in-laws got her name removed from the family varsai (inheritance document). Her brother-in-law insisted...
More »Why the fuss about fiscal deficit? -Aarati Krishnan
-The Hindu The answer lies in the fragile state of the Centre’s finances, and its control over interest, pension and subsidy expenses To any layman watching India’s annual Budget jamboree, the entire exercise must seem very puzzling. After the Finance Minister has read out a long list of giveaways to farmers, small businesses, low-income earners and senior citizens in his speech, none of the beneficiaries seems entirely happy with their gifts. Commentators, after...
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