The budgetary support to interest subvention scheme has increased by almost 14 times between 2006-07 and 2016-17. However, the much-touted subsidised short-term credit scheme provides little help to the small and marginal farmers, apart from tenant farmers. According to the Committee on Medium-term Path on Financial Inclusion, which submitted its report in December 2015, the interest subvention scheme suffers from 3 types of defects: i. Subsidised credit may not be...

-Business Standard While allocations to several social sector schemes have been increased, concerns about the direction of the funds being ploughed remain The health and education sectors have trudged along the last two years awaiting direction that would be set through new policies the National Democratic Alliance government promised. In the absence of these guiding documents, most observers have been left to read the intermittent policy decisions like tea-leaves to guess the...

-Kafila.org The last few months have seen an unusual public engagement around questions of secularism, freedom of speech, sedition and the like, with furious debates everywhere from our campuses, streets and TV studios to the floor of Parliament. The budget session has been enlivened by scenes of high drama, with the leading lights of the Treasury benches bringing colour, sound and fury to their tutorials on patriotism and nationalism. While these high-decibel...

-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 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...