-The Hindu Business Line Budget allocation for rural jobs scheme raised marginally to ₹33,353 crore NEW DELHI: In a major rejig of the UPA's flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the BJP-LED Government has converted the programme from being a Central to a State Plan scheme. This change, however, did not find explicit mention in Finance Minister Arun Jaitley's Budget speech. In the previous Government's 2013-14 Budget, a total amount...
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BJP’s maiden budget disappointing for farmers -Jyotika Sood
-Down to Earth Jaitley continues with UPA schemes on agriculture, allocates more funds The maiden budget of finance minister Arun Jaitley is disappointing for farmers as it has nothing in its kitty to address the increasing farm stress and resolve the ongoing agrarian crisis in the country. The much-awaited budget of the Bharatiya Janata Party-LED National Democratic Alliance (NDA) neither talks about assured farm income nor gives any remedy to reduce farm...
More »No going back on MGNREGA -Nikhil Dey and Aruna Roy
-The Indian Express The budget will reveal whether the BJP is committed to this transformative programme. Mohandas Pai, currently an advisor to the BJP government in Rajasthan, was asked on television how the government could "control" social sector expenditure, more specifically on the MGNREGA. He answered that the NDA should simply learn from and follow former Union minister P. Chidambaram's policy of "benign neglect". Clarifying further, he explained how the UPA...
More »Monsoon, a key driver of Indian economy -Naveen Mathur
-The Hindu Business Line Below normal rainfall will result in agricultural production declining India, predominantly an agriculture-based economy, is largely dependent on the monsoon. The agriculture sector is the backbone of the Indian economy and thus, monsoon should be considered as the backbone of agriculture. The four-month South-West monsoon season, accounts for nearly 75 per cent of the country's total rainfall and plays a crucial rule as about 55-60 per cent of...
More »Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
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