-The Hindu How the Centre’s approach has eroded the very premise of MGNREGA The disappointing allocation for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the FY 2022-23 budget has created a buzz. Organisations such as the All India Kisan Sabha and NREGA Sangharsh Morcha (NSM) have raised concerns about the inadequacy of the amount. Grassroots activists and academics have been demanding higher Budgetary allocations for MGNREGA; yet, the...
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Child welfare scheme saw hike of 390%: Smriti Irani
-The Hindu Minister was responding to a tweet from Rahul Gandhi which cited a news report on allocations for children being slashed by half Union Minister Smriti Irani has said that a children-centric scheme of the government had seen a “390%” increase in Budgetary allocations since 2014. She was responding to a tweet by Congress leader Rahul Gandhi. On Monday, Mr. Gandhi retweeted a news report on “share” of Budgetary allocation for children...
More »Healthcare Budget Allocation Low As It's States' Responsibility: Finance Secretary
-PTI/ NDTV Finance secretary T V Somanathan on Monday said healthcare is primarily the responsibility of the states Mumbai: Finance secretary TV Somanathan on Monday said healthcare is primarily the responsibility of the states, amid suggestions by the industry that the Budgetary allocation for the sector is still low at 1.3 per cent of GDP. At a post-budget interaction of industry representatives in Mumbai with finance minister Nirmala Sitharaman, Confederation of Indian Industry...
More »Step up agri-spending, boost farm incomes -Poornima Varma
-The Hindu India’s poor AOI is a stark reminder of the need to attain a key sustainable development goal of higher agri-growth While the overall Budgetary allocation towards the agricultural sector has marginally increased by 4.4% in the Union Budget 2022-23, the rate of increase is lower than the current inflation rate of 5.5%-6%. The Food and Agriculture Organization (FAO) of the United Nations (UN) report for 2001 to 2019 shows that,...
More »A cutback in PMFBY funding may further affect the timely release of compensation for crop failures
On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....
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