Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

-Business Standard Govt should revamp agricultural marketing to increase farmers' earnings and amend land-leasing laws Finance Minister Arun Jaitley has met farm sector representatives for pre-Budget consultations at a time Indian agriculture is passing through a bad patch - especially because of two years of consecutive drought. Predictably, therefore, most participants pitched for more credit on soft terms, higher minimum support prices (MSP) for crops and the expansion of irrigation facilities to...

-The Hindu Business Line The proposed crop insurance overhaul is a welcome step The Centre’s move to come out with a new crop insurance policy has not come a moment too soon. The initiative seems keen to address two main impediments to enhance the coverage of crop insurance — high rates of premium under the Modified National Agriculture Insurance Scheme (MNAIS), particularly in relation to the sum insured, and inaccuracies in estimating...

-Business Standard Allocation boost likely for schemes on agriculture, irrigation, rural roads In a move to boost rural consumption and alleviate distress in the hinterland, the government is likely to give an allocation push in Budget 2016 to programmes on irrigation, rural roads, soil health cards and agriculture. According to officials, the Union Budget for 2016-17 could see a significant increase in allocation to marquee programmes like the Pradhan Mantri Krishi Sinchai Yojana,...