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Expect big rural push in Budget -Arup Roychoudhury & Sanjeeb Mukherjee

-Business Standard Allocation boost likely for schemes on agriculture, irrigation, rural roads In a move to boost rural consumption and alleviate distress in the hinterland, the government is likely to give an allocation push in Budget 2016 to programmes on irrigation, rural roads, soil health cards and agriculture. According to officials, the Union Budget for 2016-17 could see a significant increase in allocation to marquee programmes like the Pradhan Mantri Krishi Sinchai Yojana,...

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Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana

-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...

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MS Swaminathan, father of India's green revolution, speaks to Srijana Mitra Das

-The Times of India/ The Economic Times Renowned geneticist and administrator M S Swaminathan is popularly known as the 'father of India's green revolution'. Speaking with Srijana Mitra Das, Swaminathan discussed why he fears the WTO Nairobi meet could exacerbate global food insecurity, double standards over farming protection between developed and developing nations, an Indian Single Market in grains - and how India, already suffering 'hidden' famine, must have freedom to...

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Direct cash transfers in agriculture gain ground -Sanjeeb Mukherjee

-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...

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From plate to plough: A leaf from the MP book - Ashok Gulati & Aastha Malhotra

-The Indian Express Madhya Pradesh’s agricultural growth rates offer important lessons for the Centre Shivraj Singh Chouhan completed 10 years in office as chief minister of Madhya Pradesh last week. His most outstanding achievement is the excellent performance of agriculture — the agri-GDP of MP grew at 9.7 per cent per annum during 2005-06 to 2014-15, surpassing even record-holder Gujarat’s 7.7 per cent. The last five years have been even more...

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