-Centre for Budget and Governance Accountability Budget 2017-18 is placed at an important juncture when there has been a thrust by the government for a digitised and a consequent cashless economy with the demonetisation of high value currency notes undertaken in November last year. A number of claims have been made in the budget speech by the Finance Minister regarding longer term benefits of this move for the Indian Economy. To...
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Budget 2017: High on rhetoric, low on delivery -Himanshu
-Livemint.com While there have been some positives, including the reforms on political funding, the real test of the budget was the ability to manage spending to revive the economy This was the fourth budget of the National Democratic Alliance (NDA) government. Coming at a time when the world around is full of uncertainties, more was expected from the budget than what has been delivered. The domestic uncertainty is certainly the outcome of demonetisation....
More »Tamil Nadu to promote dryland farming under cluster mode
-The Times of India CHENNAI: The Tamil Nadu government has launched a major initiative to promote dry land farming in cluster mode, focusing on improving production and productivity of millets, pulses and oilseeds in rain-fed agricultural fields, which remain by and large unused. The scheme, rolled out through a government order on January 27 is worth Rs 803 crore and aims at water conservation, promoting mixed farming, mini-dairy and poultry units to...
More »Budget 2017: What finance minister Arun Jaitley said versus what the numbers show -Samarth Bansal
-Hindustan Times The budget is about policy, and the budget speech has to strike a balance with politics. How well do they match? The allocation for MGNREGA is up 1% What Jaitley said: “Honourable Members would be happy to note that the budget provision of Rs. 38,500 crores under MGNREGA in 2016-17 has been increased to Rs. 48,000 crores in 2017-18. This is the highest ever allocation for MGNREGA.” What the numbers say: Yes,...
More »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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