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...
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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Budget 2018: Can Centre allay farmers' concerns over price crash, low market density? -Jitendra
-Down to Earth The average Agricultural Growth has reached its lowest in the last four years to 1.9 per cent While presenting Union Budget 2017-18, Finance Minister Arun Jaitley gave much emphasis on farmers. He even announced an increased budget outlay for agriculture, which made media houses declare it as a budget for rural India. Soon, the dust settled down and reality came to the surface. The budget was increased by...
More »If it's a farm budget from Arun Jaitley, then it needs to be a smart one
-The Economic Times Finance Minister Arun Jaitley has given ample hint that Budget 2018 is going to be a farmer's Budget. Jaitley has said the agriculture sector is the top priority for the government because the country's economic growth is not justifiable and equitable unless the benefits were clear and evident in the farm sector. After launching options trading in guar seed on commodity exchange NCDEX yesterday, Jaitley said, "We see in...
More »Jaitley may lend an ear to farm sector -TV Jayan
-The Hindu Business Line Lingering distress in the sector may force the govt to think innovatively New Delhi: Agriculture sector, which suffered badly despite higher production in the last two years, may be a key focus area for the NDA government, when it presents its last full-fledged Union Budget before the 2019 general elections. Attending a function recently in the Capital, Union Finance Minister Arun Jaitley unequivocally said that that the farm sector...
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