-The Financial Express The NSSO 70th round survey estimates there are 156 million rural households in India, of which 57.8% are agricultural. Average monthly expenditure on crop production by cultivating agricultural households during July 2012-June 2013 was Rs 2,192. Of this, 24% is spent on fertiliser and manure. Using survey results, rough calculations suggest agricultural households’ spend on fertiliser/manure would be in the range of Rs 78,000-1,20,000 crore in next cropping...
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Will FM Arun Jaitley give a rural touch to Budget 2018 or will he hold on to fiscal prudence? -Shantanu Nandan Sharma
-The Economic Times After Gujarat returned the ruling BJP with a slim margin, the chorus of the establishment was "jo jeeta wohi sikandar" (He who wins is the king). It seemed apt, considering that the party retained Prime Minister Narendra Modi's home state, bunking anti-incumbency of 22 years. But opposition wags responded with "jo sikha wohi sikandar", he who learns will be king, in 2019, in the next general elections. Rural Gujarat,...
More »Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
More »Problem of plenty: on devising a sound agricultural policy
-The Hindu Agricultural policy should look to address the problem of severe price fluctuations There appears to be no end in sight to the cycle of boom and bust in the prices of agricultural goods. Over the last few weeks, across India the price of potatoes has fallen sharply after a year of bumper production. With the price of a kilogram of potato dropping as low as under a rupee in certain...
More »Jobs Increase in 2017 - Just 0.5% -Subodh Varma
-Newsclick.in PM Modi - who promised to create 1 crore jobs - is supremely indifferent to this crushing crisis. In Jind district of Haryana, 8 posts of peon and one post of process server were advertised. Authorities were inundated with 14,836 applications for the former and 3662 for the latter. That’s about 2055 applicants per vacancy. Although the peon’s position required just class 10 eligibility, graduates, post graduates and even PhD...
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