-The Indian Express In Budget 2017-18, a sum of Rs 7,377 crore has been allocated to the Pradhan Mantri Krishi Sinchayee Yojana, a 42 per cent jump over the revised estimates for FY17. India is home to 17.5 per cent of the world’s population, but has only 4 per cent of the fresh water resources. Agriculture consumes some 78 per cent of the fresh water supply. With increasing urbanisation and industrialisation, India...
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Again, Centre puts on hold decision on BRInging parity in MGNREGA, minimum wages -Jitendra
-Down to Earth Finance Ministry has said that such parity is not possible as it would involve an additional burden of around Rs 10,000 crore on the exchequer The Union Ministry of Rural Development (MoRD) puts on hold the consideration of BRInging parity of MGNREGS wage with minimum wages of states as its proposal has not got an in-principle approval from the Finance Ministry. According to the MoRD, the finance ministry has...
More »How the Black Economy Grew in Post-Independence India -Arun Kumar
-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...
More »Lens on money bill route for party funding
-The Telegraph New Delhi: The Narendra Modi government appears to have again opted for the money bill route, this time to implement new provisions on political parties' funding, to "sidestep" the Rajya Sabha where the ruling NDA is in a minority. A money bill can be introduced, amended and voted on only in the Lok Sabha. They are referred to the Rajya Sabha but it cannot vote on them, nor can it...
More »Punjab farmers give thumbs down to Budget provisions -Manraj Grewal Sharma
-Hindustan Times Nawanshahr: “The budget is far removed from reality.” That is how young Meet Pal Singh, an MBA who has set up a polyhouse in Mahalon village of Nawanshahr, dismisses the budget. The tall light-eyed youth, who is feted as a progressive farmer in the area, says the Modi government should first focus on implementing the MS Swaminathan report for farmers before coming up with a new set of proposals. Dr...
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