-The Hindu Business Line It is not just about making matters easier for corporates. Distressed farmers can access relief under pressing circumstances The Insolvency and Bankruptcy Code (IBC) aims at improving the failing credit market situation in the country. A healthy credit market functions well where the debtor and the creditor have faith that their interests are recognised and protected under law. Failure to pay debt is a common occurrence but surprisingly, the...

-Livemint.com A growth-first approach may work in the short-term, but India needs to prioritize sustainability simultaneously The Union Budget 2016-17, seeking to “transform India”, has been hailed for its emphasis on agricultural growth and sustainability. Symbolically, the finance minister put “agriculture and farmers’ welfare” first in his nine-point agenda. The words “agriculture” and “farmer” found 20 and 32 mentions, respectively, in the budget speech, the highest in the last decade. On the...

-The Asian Age The Economic Survey of 2015-2016 is a lovely document which goes into great detail on what is wrong with India on the economic front and offers good workable solutions to solve these problems. One of the points that the survey makes is regarding Indian agriculture becoming cereal-centric. The reason for this lies in the fact that the government procures rice and wheat from farmers at the minimum support price...

-Business Standard Most of the allocation would be spent on completion of existing irrigation schemes and their results would only be felt after a gap Finance Minister Arun Jaitley sought to rely heavily on expanding the country's irrigation network to counter the ill-effects of two consecutive failed monsoons. Most of the allocation would be spent on completion of existing irrigation schemes and their results would only be felt after a gap. Around 89...

-Press Note on Union Budget 2016-17 from Swaraj Abhiyan The farmers of India needed and expected a big deal from this year’s budget – they needed it because it is a time of unprecedented consecutive years of drought, and rising farmer suicides; they expected it because the Prime Minister and the government indicated that major pro-farmer steps would be announced in the Budget. The Budget presented by Finance Minister today is...