-Financial Express Budget 2020: The direct budgetary aid would be in the form of a grant equivalent to the equity capital of each FPO. Budget 2020: The government will likely announce a five-year scheme in the upcoming Budget, entailing a total support —both budgetary and indirect —of Rs 7,000-10,000 crore to honour its pledge of creating 10,000 Farmer producers’ organisations (FPOs) and help boost their agricultural income. The direct budgetary aid would be...
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Budget 2020: Boost for rural economy, connecting villages to digital India expected -Zia Haq and Rajeev Jayaswal
-Hindustan Times India’s gross domestic product (GDP) grew 4.5% in the second quarter of the current financial year, the lowest since March 2013. Union Budget 2020-21 is expected to focus on the transformation of rural India with a nearly 15% jump in fund allocation to boost the village economy and raise incomes, particularly of small and marginal Farmers, three people aware of the development said on Tuesday. “Transformation of the rural economy is...
More »Move to cash transfers will lead to savings, put agriculture on sustainable growth path -Ashok Gulati
-The Indian Express All such investments will go a long way to augment Farmers’ incomes in a sustainable manner. Else, I am afraid, much of the talk in the Union budget for agri-reforms will remain mere rhetoric. Although the Union budget is basically an accounting exercise of revenues and expenditures for the coming year, economy-watchers anxiously wait for the finance minister to announce major economic reforms. In that sense, the budget of...
More »Why food inflation may turn sticky -Sayantan Bera
-Livemint.com * Despite the slowdown in rural demand, the spike in food prices is not showing any signs of cooling. Here’s why * This is the best time for the budget to address the volatility in food prices. Reliable market intelligence on crop production and timely advisories to Farmers can help stabilize prices New Delhi: For more than five years now, the Indian countryside has only heard stories of anguish. Consecutive years of...
More »Usharmukti project: A confluence of institutions for rejuvenating rivers -Ashwini Kulkarni
-IdeasforIndia.in Usharmukti, a project of the Government of West Bengal, is being carried out in collaboration with civil society organisations in the western part of the state, to carry out watershed activities under MNREGA to conserve soil and water. In this note, Ashwini Kulkarni describes the main idea behind and working of the innovative project from her visit to the project area. When a Farmer says that with potato in Rabi season...
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