-Business Standard Cess, surcharges come in handy New Delhi: Looking to leave its political imprint over spending in rural India, the National Democratic Alliance (NDA) government has budgeted for a massive 31 per cent hike in its share of spending on nine big-ticket centrally sponsored schemes (CSS) in 2016-17 over last year's budgetary allocation. Last year's Budget mantra of 'cooperative federalism' has been sidestepped to favour political exigencies. To fund these schemes, which...

-The Hindu Business Line The Budget outlay apart, an ambience of autonomy and a focus on soft skills are just as important The Budget identifies education as one of the key pillars of its agenda. It offers support on three dimensions — reach, infrastructure, and quality in higher education. Extend reach: The Budget aims to extend the reach of education. At the post-secondary level, it focuses on expanding skill development (by scaling up...

-The Indian Express Central allocations for agriculture are less important than the state budgets. I took the night train to Delhi to participate in budget-day discussions and my co-passenger, who boarded the train in ravaged Punjab, asked me a simple question: “50 farmers are committing suicide everyday; will the budget end farmer suicides?” My answer was — and still is — “No.” The Union budget is just the government’s bookkeeping exercise...

-The Indian Express Never before has India’s agricultural science community been as demoralised as now Everyone knows Indian agriculture is in deep crisis, impacting around 115 million farmers and an equal number of landless cultivators. Two consecutive bad monsoons and falling commodity prices have resulted in the imports of edible oils and pulses touching all-time-highs, even as its exports of agri-products — from basmati rice, soya meal, sugar, milk powder and...

-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...