-FirstPost.com The preliminary reactions of many people after the Budget presentation gave the impression that farm sector got a boost in terms of a significant increase in budget outlays for the sector. But a closer look reveals that behind this apparent increase is the accounting adjustment of funds for interest subvention, earlier reported under the Ministry of Finance, now shown under the Ministry of Agriculture. In 2014-15, actual spending by the Department...
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How realistic are promises of doubling farm incomes? -Roshan Kishore
-Livemint.com A useful way to judge the feasibility of Arun Jaitley’s targets can be to look at how such indicators have behaved in the past While announcing an increase in rural spending, finance minister Arun Jaitley also set himself a target of doubling “the income of farmers by 2022” in this year’s budget. Laudable as the ambition is, how achievable is it? First, there is the question of nominal versus real increase...
More »Budget 2016, through a prism of the poor -Brinda Karat
-The Indian Express Gamlina’s response is just one example of how distant this government is from the lives of the poor and how tokenistic its schemes are. Gamlina Soren, an elected panchayat member in Jharkhand, sounded upset. She had been told by a local BJP functionary that gas cylinders were going to be “gifted” to poor women by the Centre but that they must have a BPL card. “But most poor Adivasi...
More »Getting our goats -Bibek Debroy
-The Indian Express We need to make goat farming organised, tie it to agriculture and animal husbandry. This is an apocryphal story, but it is bizarre enough to be true. Once every four or five years, we have a livestock census. The latest one is the 19th, for 2012. This anecdote is about the 2007 version. In a village in West Bengal, there were 31 geese — 17 male, 14 female. An...
More »Panel proposes 70% reduction in royalty on GM cotton seeds -Sayantan Bera and Shreeja Sen
-Livemint.com The nine-member cotton seed price control committee has recommended a maximum sale price of Rs.800 for a 450g packet of Bollgard II Bt cotton seeds New Delhi: A government panel on genetically modified Bt cotton has recommended a steep reduction in royalty fees payable to technology companies, and lower seed prices. If accepted, the recommendations will benefit nearly 8 million cotton farmers in India, but may raise concerns about how India...
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