-The Times of India The NDA government committed to continue UPA's flagship Food Security Act to ensure that the poor get wheat and rice at subsidized rates. The budgetary allocation has been increased to Rs 1.15 lakh crore in comparison to Rs 92,000 crore during the last financial year. Finance minister Arun Jaitley said, "Even if due to inadequate rainfall there is a marginal decline in agriculture production, stocks in the...
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BJP’s maiden budget disappointing for farmers -Jyotika Sood
-Down to Earth Jaitley continues with UPA schemes on agriculture, allocates more funds The maiden budget of finance minister Arun Jaitley is disappointing for farmers as it has nothing in its kitty to address the increasing farm stress and resolve the ongoing agrarian crisis in the country. The much-awaited budget of the Bharatiya Janata Party-led National Democratic Alliance (NDA) neither talks about assured farm income nor gives any remedy to reduce farm...
More »No going back on MGNREGA -Nikhil Dey and Aruna Roy
-The Indian Express The budget will reveal whether the BJP is committed to this transformative programme. Mohandas Pai, currently an advisor to the BJP government in Rajasthan, was asked on television how the government could "control" social sector expenditure, more specifically on the MGNREGA. He answered that the NDA should simply learn from and follow former Union minister P. Chidambaram's policy of "benign neglect". Clarifying further, he explained how the UPA...
More »Rs. 37,880 crore to be pumped into nation’s road network -Sandeep Dikshit
-The Hindu Rs. 3,000 crore for the North-East alone; fillip to PM's rural scheme The Union Budget 2014 has given importance to fast-tracking highways and improving the road infrastructure to augment the nation's arterial network. "The sector had taken shape between 1998 and 2004 under NDA-I. The sector again needs huge amount of investment," said Finance Minister Arun Jaitley while tabling the Budget. "I propose investment in National Highways Authority of India and...
More »Agriculture sector gets a new lease of life -Madhvi Sally
-The Economic Times NEW DELHI: Finance Minister Arun Jaitley announced a price stabilisation fund, steps to set up a national market for farm produce, irrigation schemes, new agricultural universities as well as initiatives to increase warehousing and rural internet connectivity. Jaitley said food price volatility was a big concern, and announced a Rs 500 crore fund for farm price stabilization. He said the government wanted agriculture to grow although weak rainfall was a concern. Please...
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