-The New indian Express PUDUKKOTTAI: Drought, unseasonal rains, wilting crops, soaked harvest, suicides and clamour for compensation. These are the words that one associates with farming these days. However, amidst the gloom, a woman farmer, who refused to give in to the vagaries of nature, is a beacon of hope for the distressed. While paddy crops in various districts were damaged, A Gandhi, from Sundarappatti, who cultivated traditional paddy on her...
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Focusing on domestic growth -Krishnamurthy Subramanian
-Livemint.com One of the key trends underlying huge concentration of wealth and incomes is the increasing return to capital versus labour Given the demonetisation undertaken by the government in November 2016, the current budget was presented at a historic moment in the Indian economy. To understand the government’s emphasis on the rural economy, we have to understand a key narrative that must influence economic policies in democratic countries. As several governments in developed...
More »'Budget has little for demonetisation-hit social sectors' -Aesha Datta
-The Hindu Business Line Experts concerned over low allocations for key schemes New Delhi: It’s like demonetisation didn’t happen at all, activists and economists exclaim. Budget 2017-18, coming right after the demonetisation move, had raised hopes of greater allocations for social sectors — what with Prime Minister Narendra Modi’s mantra of Sabka saath sabka vikaas. Yet, there is all-round disappointment. “It is quite extraordinary. Post demonetisation, this is when you needed substantial moves for...
More »Activist says budget is not good for farmers -Sowmya Aji
-The Economic Times BENGALURU: Finance Minister Arun Jaitley’s pro-farmer pro-rural budget has largely got a thumbs down from farm activists and agriculture experts in Karnataka, a state with 91 percent of its area reeling under severe drought and a rural economy collapse post-demonetisation. The state’s current agriculture growth rate, despite the drought, is an estimated 4.2 per cent, marginally higher than the 4.1 per cent that Jaitley has projected for the country....
More »Rural employment scheme gets highest-ever funding
-The Hindu FM allocates Rs.48,000 crore for MGNREGA; says it will be brought under digital scrutiny The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), once described by Prime Minister Narendra Modi as a “living monument of the UPA’s failure,” got its highest ever allocation — Rs.48,000 crore — since its inception over a decade ago. Finance Minister Arun Jaitley, however, indicated that the funds dispensed would come under increased digital scrutiny. “The...
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