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Reading between the lines: Forget the rhetoric, this is no Budget for India's poor -Harsh Mander

-Scroll.in India's social-sector spending remains woefully low and despite claims of being a pro-farmer Budget, the effective allocations are nearly the same as last year. Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small traders caused by the “shock and awe” of the astoundingly callous...

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Salt to the wound -Prabhat Patnaik

-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...

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Economic Survey 2017 slams excessive regulation in India's agriculture sector -Sayantan Bera

-Livemint.com On demonetisation’s impact on the agriculture sector, the Economic Survey said higher winter plantings may not necessarily lead to higher production New Delhi: India’s farm sector is entwined in regulation and is a living legacy of the socialist era, the Economic Survey released on Tuesday said, criticizing curbs on marketing of agriculture produce and imposition of stock limits on traders. “While progress has been made in the last two years, producers (farmers)...

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Does budget meet farmers' expectations? -Dr. T Haque

-The Indian Express Considering all these aspects, farmers had higher expectation that Budget 2017-18 would give them the best deal. However, this expectation was not met. It is now widely recognised and reported that farmers in India are facing a distressing situation. During 1995-96 to 2015-16, about 3 lakh farmers in the country committed suicide due to economic distress and depression. The Election Manifesto of Bharatiya Janata Party in both 1998 and...

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Why our farmers are killing themselves -A Narayanamoorthy & P Alli

-The Hindu Business Line Rising input costs have shrunk profits, making cultivation unviable. Easy Access to credit and better MSPs can help The unremitting wave of farmer suicides has resurfaced, now haunting the farming heartlands of Tamil Nadu. Troubled by a severely deficit monsoon which triggered the worst drought in 140 years, over 100 farmers, mostly in the Cauvery delta, have reportedly committed suicide during a period of one month, and the...

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