-The Asian Age As one listened to finance minister Arun Jaitley deliver his third Budget speech, the overwhelming impression that was sought to be created was along anticipated lines. Here was a government whose heart was bleeding for the hapless farmer toiling in the fields, the agriculturist whose livelihood has been all but destroyed by two successive monsoon failures. Here was an administration whose representatives were concerned about the “curse of...
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Budget 2016: Ahead Of Polls, Government's Big Boost For UPA's Job Scheme MGNREGA
-NDTV Profit New Delhi: The BJP-led government has once again bumped up the allocation for the rural jobs guarantee scheme MGNREGA, once described by Prime Minister Narendra Modi as "living proof of the Congress party's failure." In Budget 2016, the MGNREGA scheme or Mahatma Gandhi National Rural Employment Guarantee Act has been allocated Rs. 38, 500 crore ahead of important elections in five states this year. "If this is spent, it will be...
More »The near death, and revival, of MGNREGS -Sanjeeb Mukherjee
-Business Standard Back-to-back droughts and record-low farm commodity prices have forced the NDA government to look at MGNREGS in a new light.Things have started to look up for the scheme About a year back, Raqibul Hussain, Assam's rural development minister, was unhappy because he could not stop the Central government from lowering the state's annual entitlement under the Mahatma Gandhi National Rural Employment Guarantee Scheme for 2014-15. This, he said in a day-long...
More »Is there room in the budget for a big rural stimulus? -Roshan Kishore
-Livemint.com Three questions can help understand whether the budget has enough wherewithal to provide a big rural stimulus New Delhi: The government has given enough signals that the distress-ridden rural sector would receive special focus in the forthcoming Budget. On Monday, a Mint report quoted senior officials in the agriculture ministry saying that there could be a significant increase in budgetary allocations for crop insurance and irrigation. But in the backdrop...
More »Budget expectations for rural sector
Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...
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