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Union Budget 2016-17: Mere eyewash or some concrete steps

In the age of social media, various sections of the Indian polity and civil society have reacted publicly in diverse voices, following the presentation of the Union Budget 2016-17 by Finance Minister Shri Arun Jaitley. An assessment of the Union Budget 2016-17 has been done in the following paragraphs by the Inclusive Media for Change team, based on a number of media reports, Government documents (including the Budget documents), and reports...

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Budget 2016: Measures on farming not enough to stop farmers' suicides, says farmer representatives -Jayashree Bhosale

-The Economic Times PUNE: Farmer representatives think the measures suggested in budget are not enough to stop farmers suicides as what the farmers want is guaranteed income. "This budget is an initiation of good measures for farming sector. However, these measures are not sufficient for stopping farmer suicides. What the farmers want is guaranteed income for their produce," said Jayapal Reddy, secretary, Confederation of Kisan Organisations. The finance minister announced to double...

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Budget 2016: Allocation math for agriculture sector doesn’t add up -Sayantan Bera

-Livemint.com The agriculture sector saw a 94% increase in allocation, but an analysis of the numbers suggest that the real hike is a modest 27% New Delhi: In a bid to revive growth in agriculture and improve farm incomes, at a time when rural India is weathering a protracted period of distress, the Union Budget presented on Monday placed a renewed focus on the farm sector by increasing funds for crop insurance...

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The Union Budget’s political message -Smita Gupta

-The Hindu The Union Budget 2016-17 is also the BJP’s way of trying to woo what was always a Congress constituency – rural India. Finance Minister Arun Jaitley’s third budget has a clear political message: aimed at creating a “feel good” sense among farmers and the rural poor with an eye to the slew of state elections due soon, it is an attempt to change the perception that this is a pro-rich...

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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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