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Highlights of Union Budget 2016-17

-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...

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No Gamechangers For Farmers -Ashok Gulati

-The Indian Express Budget makes the right moves on agriculture, but they may not be bold enough. In the last two weeks, Prime Minister Narendra Modi addressed three rallies of farmers, one each in MP, Karnataka and UP. Although it was late in the game, as farmers have been reeling under acute distress for two years, yet better late than never. Addressing the rallies, the PM thundered he would like to...

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On sanitation, India is still in the dumps -Indira Khurana

-The Pioneer The Modi Government’s campaign to end open defecation is welcome but building new toilets alone will not solve the problem Politically, sanitation is a hot topic but the focus has to shift to the villages. Open defecation is still a common practice in many villages. The plan is to achieve the Clean India target by 2019 to coincide with the 150th birth anniversary of Mahatma Gandhi. Every year, health payments...

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Budget 2016: Govt raises agriculture spending to Rs.36,000 crore -Sayantan Bera

-Livemint.com Increased funding to go into irrigation schemes, crop insurance, national e-market for farm produce, pulse production and interest subsidy New Delhi: In a major push for agriculture in the Union budget, funding for the recently launched crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has been more than doubled from Rs.2,589 crore in 2015-16 (budget estimate) to Rs.5,500 crore for 2016-17. The budget announced on Monday placed a renewed focus...

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Art of Living event along Yamuna’s floodplain creates controversy -Ritam Halder

-Hindustan Times New Delhi: It may sound ironical for a city that has already ‘killed’ its only source of water and fighting with the neighbours for uninterrupted water supply, but a construction exercise of gigantic proportions is on along the Yamuna floodplains, which green activists say threatens the river’s ecology. Huge machines have cleared over 1,000 acres where tents, hutments, pontoon bridges and a gigantic 7-acre stage is coming up to host...

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