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Budget 2016: FM Arun Jaitley faces tough task; has to please both farmers, investors

-PTI Budget 2016: Finance Minister Arun Jaitley faces a tough task of balancing the needs of farm sector as well as the industry when he presents his third and challenging Budget tomorrow as he seeks to garner resources to boost public spending for higher growth amid global headwinds. On the income tax front, the Budget may continue with the status quo on the tax slabs while it may tinker with the exemptions. Rising...

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A Union budget for the village -Himanshu

-The Indian Express Government must address the stress in the rural economy, seen in falling wages and incomes, which could reverse recent progress in rural areas Last year in February, Prime Minister Narendra Modi had exhorted voters to vote for his party in the Delhi assembly election, claiming that his victory in the general election had brought luck to the country. Unfortunately, the voters of urban Delhi were not convinced and...

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Focus on farming

-Business Standard Many good ideas for agricultural reform should be in the Budget Shoring up the rural economy that has been crippled because of two successive Droughts is clearly a major focus of the upcoming Budget. This is imperative also to revive rural demand for goods and services to stimulate overall economic growth. But how Finance Minister Arun Jaitley will seek to achieve this feat is hard to predict, though what he...

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Agony In Rural India Prompts Modi U-Turn On Jobs Policy -Bibhudatta Pradhan

-Bloomberg/ NDTV Crouched in the shade beside a mud hut near her parched wheat fields in central India, Harkiya is getting desperate. India's first back-to-back Droughts in three decades left the 47-year-old widow with no income. She lives on money borrowed from relatives, and has no cash to take her sick daughter to the hospital -- all the more worrying because her husband and son died from a mysterious illness last...

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Union Budget set to boost farm sector -Sayantan Bera and Gyan Verma

-Livemint.com Spending on irrigation, crop insurance to be doubled; e-platform to be developed for farm produce New Delhi: The government is set to double annual spending on irrigation and crop insurance, and develop a national digital platform for farm produce in order to ensure better prices for farmers, as part of a push to reduce rural distress following the first back-to-back drought in India in three decades. “We’re expecting that the new...

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