-TheWire.in The finance minister has made a big announcement on minimum support price, but he should make it clear whether all he is promising is to take the prices back to the UPA-II levels. The government has done it again. Like last year, there has been much hype about a pro-farmer Budget, but in actuality it rests on misleading claims which don’t address the farming crisis. Last year, the agriculture credit target...
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Where's the money, Mr Jaitley? -Jayati Ghosh
-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
More »Budget 2018: Can Centre allay farmers' concerns over price crash, low market density? -Jitendra
-Down to Earth The average agricultural growth has reached its lowest in the last four years to 1.9 per cent While presenting Union Budget 2017-18, Finance Minister Arun Jaitley gave much emphasis on farmers. He even announced an increased budget outlay for agriculture, which made media houses declare it as a budget for rural India. Soon, the dust settled down and reality came to the surface. The budget was increased by...
More »Jaitley may lend an ear to farm sector -TV Jayan
-The Hindu Business Line Lingering distress in the sector may force the govt to think innovatively New Delhi: Agriculture sector, which suffered badly despite higher production in the last two years, may be a key focus area for the NDA government, when it presents its last full-fledged Union Budget before the 2019 general elections. Attending a function recently in the Capital, Union Finance Minister Arun Jaitley unequivocally said that that the farm sector...
More »Crop insurance scheme likely to get ? 13,000cr in FY19 budget
-PTI New Delhi: The government is likely to increase the budget allocation for the Pradhan Mantri Fasal Bima Yojana (PMFBY) to ? 13,000 crore for 2018-19 from ?10,701 crore for the current financial year. The Union Budget for 2018-19 will be presented on February 1. Under the upgraded crop insurance scheme PMFBY that was launched early 2016, farmers pay very nominal premium and get full claim for damages. Budget allocation for the PMFBY could...
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