-Press Release from National Alliance of People’s Movements (NAPM) Government Running away from Responsibility: Pushing Farmers on edges Overlooked the need of majority of population, catering to few Political ‘Jumlas’ continues, ditching farmers once again under the garb of corporate regime; reduced responsibilities of public sector In recent times, announcement of the Union budget seems to be becoming a futile exercise, even with all the publicity and hype associated with it. We...
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Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
More »Just another trivial Budget -Ashok V Desai
-The Hindu The Finance Minister’s prescriptions are a classic case of being unable to see the wood for the trees, be it on the tax proposals, the rural outreach or the bank bailout. It was a marathon achievement: 12,187 words in 111 minutes. True, there were no interruptions; the Finance Minister virtually sent the House to sleep. I have listened to many Budget speeches; and I cannot say that Dr. Manmohan Singh...
More »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...
More »New insurance scheme aims to cover 50% of farmers -Sayantan Bera
-Livemint.com Pradhan Mantri Fasal Bima Yojana will kick in from April, before planting for the next rain-fed kharif crop begins The government wants to cover 50% of all farmers under a new and revamped crop insurance policy that seeks to shield farmers from weather-related risks, Prime Minister Narendra Modi said on Thursday. The new scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), was approved by the cabinet on 13 January to address rural...
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