-NDTV.com Budget 2022: "Agriculture employs more than half the working population, yet the centre paid little attention," a prominent farm leader said. New Delhi: Farmers are disappointed with the meagre announcements made for them during today's budget speech by the finance minister, a prominent farm leader who was involved in last year's protests said. Farmers across the country were keenly following the budget speech with a lot of hope as this is...
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A hazy picture on employment in India -Ramesh Chand and Jaspal Singh
-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...
More »Union budget 2022-23: Big cut in fertilisers subsidy to worry farmers -Bhagirath
-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
More »Union Budget 2022-23: Will it help children eat better -Vibha Varshney
-Down to Earth Schemes that provide integrated benefits to women and children did not get additional funds this year Food and nutrition were highlighted in this year’s budget presented in the parliament by Finance Minister Nirmala Sitharaman. However, children might not get the benefit of good food. Schemes for children such as Poshan 2.0, which provide integrated benefits to women and children, did not get any additional funds this year. In 2022-23, an estimated budget...
More »Budget 2022 Shows How Quickly We Forget the Social and Welfare Net That Served Us During COVID -Avani Kapur
-TheWire.in With revenues of the government expanding significantly, this was an opportunity to present a more expansive budget. Unfortunately, the budget made a clear choice. Unlike last year, this year expectations from Budget 2022-23 with respect to the social sector – particularly with respect to schemes for nutrition – were low. While India relied heavily during the peak of the pandemic last year on its welfare architecture, trends on the release of funds...
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