-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
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Corporate karza maafi at Rs. 36.5 trillion -P Sainath
-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years. It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...
More »'Vidarbha farmers will continue to find suicide more attractive' -Ramu Bhagwat
-The Times of India NAGPUR: Several new components like stress on irrigation in dry-land areas, price stabilization fund, bringing landless farmers in pale of institutional finance through NABARD for working on leased lands, allowing MGNREGA in farm work have won bouquets for finance minister Arun Jaitley from farm activists. "Move to set up a national market for farm produce, micro irrigation and watershed schemes in drought-prone regions, crop loan facilities to landless...
More »BJP’s maiden budget disappointing for farmers -Jyotika Sood
-Down to Earth Jaitley continues with UPA schemes on agriculture, allocates more funds The maiden budget of finance minister Arun Jaitley is disappointing for farmers as it has nothing in its kitty to address the increasing farm stress and resolve the ongoing agrarian crisis in the country. The much-awaited budget of the Bharatiya Janata Party-led National Democratic Alliance (NDA) neither talks about assured farm income nor gives any remedy to reduce farm...
More »Budget 2014 will show government's will to reform food security system -Ashok Gulati
-The Economic Times Think for a moment that you are a small or marginal farmer of wheat or rice, and the government promises to give to your family wheat at Rs 2 per kg and rice at Rs 3 per kg (5 kg per person per month). What would you do? You would rush to sell your produce to the government at the minimum support price (MSP), which is currently Rs...
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