-The Economic Times NEW DELHI: The BJP's victory in the Gujarat elections, hard-fought as it was, points clearly to the possible direction of the Budget that finance minister Arun Jaitley will present in February. Given its setbacks in non-urban areas, the big focus of the ruling party will be on agriculture and the rural economy, apart from a likely boost in minimum support prices (MSP). FM Arun Jaitley told ET the results...
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Income inequality in India worsens, but slower than Russia and China: report -Gireesh Chandra Prasad
-Livemint.com Income inequality in India has risen over the last three decades and a half with the top 10% of earners cornering 55% of the national income in 2016, says report New Delhi: Income inequality in India has worsened over the past three-and-a-half decades and the top 10% of earners now corner more than half of the country’s national income in 2016. Their share was 30% of the national income in 1980,...
More »Spending on agri R&D alleviates poverty substantially: Study -TV Jayan
-The Hindu Business Line This brings higher returns; govt must spend more on R&D, roads: ICRIER paper New Delhi: Spending on agricultural research and development, including extension services, is at least 10 times more effective in reducing poverty than spending on fertiliser or power subsidies, an ongoing study has shown. Spending ?10 lakh on agricultural R&D can help lift 328 people out of poverty, whereas allocating the same for fertiliser or power subsidies...
More »Modi govt spent Rs 3,755 crore on ads and publicity since April 2014, shows RTI
-IANS The BJP and Congress had criticised AAP government in Delhi for spending Rs 526 crore on advertising its achievements in 2015. The Modi government has spent a whopping nearly Rs 3,755 crore in three and half years on its publicity till October this year, an RTI revealed on Friday. The expenditure on advertisements from April 2014 to October 2017 through electronic, print media and outdoor publicity is Rs 37,54,06,23,616, according to the RTI...
More »Farmers seek income security law in pre-budget consultation -Gireesh Chandra Prasad
-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...
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