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Job scheme target cut belies hopes -Basant Kumar Mohanty

-The Telegraph New Delhi: Projected work under the rural job guarantee scheme for 2016-17 is down 10 per cent after a rare boost in the last financial year, suggesting a tightening of the purse strings following a year of heavy expenditure on the programme. The rural development ministry has approved the generation of 217 crore person-days of work under the Mahatma Gandhi National Rural Employment Guarantee Act, following last year's approval for...

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Lessons for unifying agricultural markets -Vyasan R

-The Indian Express Karnataka’s experience shows success depends on taking along all stakeholders. The government of India launched the National Agricultural Market Scheme in July 2015 in 585 markets and has, since April 14, started e-trading on the platform. This is in line with the Union Budget’s target to double farmers’ incomes in six years. To be sure, a doubling of incomes by 2022 would require them to grow at an annual...

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At The Margins -Lola Nayar

-Outlook Is the devolution of ­national funds to states really worth the praise? * Share of the states in the divisible pool of central taxes has risen from 32% to 42% for five years till 2019-20 * Rise in untied funds transferred is accompanied by cut in Central assistance for state plan spending * Limited ability of the poorer states to expand their fiscal space with own revenue collection * Funds for rural development...

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Wake up, smell the leakage -Ashok Gulati & Prerna Terway

-The Indian Express Substantial number of interest subvention scheme loans are diverted to non-agricultural uses. Government must switch to an income-support subsidy regime The Union budget for 2016-17 has provisioned Rs 15,000 crore on account of interest subvention for short-term agricultural credit, up by Rs 2,000 crore over the revised estimate for FY16. The mere shifting of this line item from the department of financial services to the department of agriculture...

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The downside of govt's social sector push -Nitin Sethi

-Business Standard While allocations to several social sector schemes have been increased, concerns about the direction of the funds being ploughed remain The health and education sectors have trudged along the last two years awaiting direction that would be set through new policies the National Democratic Alliance government promised. In the absence of these guiding documents, most observers have been left to read the intermittent policy decisions like tea-leaves to guess the...

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