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Does budget meet farmers' expectations? -Dr. T Haque

-The Indian Express Considering all these aspects, farmers had higher expectation that Budget 2017-18 would give them the best deal. However, this expectation was not met. It is now widely recognised and reported that farmers in India are facing a distressing situation. During 1995-96 to 2015-16, about 3 lakh farmers in the country committed suicide due to economic distress and depression. The Election Manifesto of Bharatiya Janata Party in both 1998 and...

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How land use affects climate change -Sujatha Byravan

-The Hindu The interaction between people and land is as old as human evolution. When early hunter-gatherers started to settle down in the Neolithic transition and practise agriculture, they began to change their relationship with land in a major way. Starting with the Holocene, approximately 11,500 years ago, many plants were domesticated for agriculture. These and the associated social and technological changes led to dense human settlements that then paved the...

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0.5% tragedy and DeMo confession

-The Telegraph New Delhi: The Demonetisation Demon will gouge India's economic Growth in 2016-17 by at least half a percentage point, chief economic adviser Arvind Subramanian told reporters after presenting the Economic Survey a day before the budget. Subramanian, who was voicing his views for the first time on the deeply polarising subject of demonetisation, rejected the dire prophecies of other Oracles, including his former employer, the International Monetary Fund, that projected...

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Will we miss the budget opportunity? -Jayati Ghosh

-The Indian Express Post-demonetisation, a reversal of the slowdown would require enhanced public spending. It doesn’t appear to be forthcoming. Given the economic uncertainty around the world and the demonetisation-induced domestic downturn in the Indian economy, preparing this year’s Union budget was never going to be an easy task. But the Modi government seems determined to make its task harder. It has managed to generate expectations — that will almost inevitably remain...

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Union Budget 2017-18: Urgent Need for an Improved Farm Debt Waiver Scheme -Ishan Anand

-TheWire.in Despite all the talk of a big push to the agricultural sector, the last Union Budget turned out to be a missed opportunity to provide genuine relief to farmers. The government must rectify this. The finance minister will be presenting the Union Budget 2017-18 at a time when the agrarian economy is in deep crisis. The farmers of the country have been suffering from a longstanding neglect of the sector, which...

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