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Direct cash subsidy on fuel, fertilizers by 2012

“To ensure greater cost efficiency, better delivery” Seeking to address the issue of subsidies not reaching the targeted groups, Finance Minister Pranab Mukherjee on Monday proposed to provide a direct cash subsidy on fuel and fertilizers to the poor from March, 2012. “To ensure greater cost efficiency and better delivery of kerosene and fertilizers, the government will move toward direct transfer of cash subsidy for people below poverty line (BPL) in a...

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Pranab shifts focus to Bharat Nirman by K Balchand

Shifting the focus away from the Mahatma Gandhi National Rural Employment Guarantee Act, the Union Budget has sought to give greater thrust to it other flagship programme Bharat Nirman, covering six sectors, by allocating an additional Rs. 10,000 crore for 2011-12 to provide rural broadband connectivity to all the 2.5 lakh panchayats within the next three years. Finance Minister Pranab Mukherjee has made a total allocation of Rs. 58,000 crore, marking...

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JD (U) for agriculture-friendly Budget

On the eve of the presentation of the Union Budget by Finance Minister Pranab Mukhrejee, Janata Dal (United) President Sharad Yadav said here on Sunday that his party wanted an agriculture-friendly Budget and that emphasis be given to protect the fertile land of the country. “The Budget should take measures to save the agricultural sector of the country for the sake of food security. Steps should be taken to save the...

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On Budget eve, farmers hang effigies of Mukherjee, Pawar by TO Abraham

On the eve of the Union Budget on Sunday, thousands of farmers and hundreds of farm widows staged a strong protest at Pandharkawda in Yavatmal district by hanging effigies of union finance minister of finance Pranab Mukherjee and agriculture minister Sharad Pawar. The protesters wanted to draw attention of the government towards its 'anti-cotton farmer policies.' They demanded lifting of ban on cotton export, a bailout package for dying cotton...

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MP has maximum pro-poor schemes: CM

The Chief Minister Shivraj Singh Chouhan has said that Madhya Pradesh has maximum number of pro-poor schemes. The state is spending fifty percent of its Budget for poverty alleviation. A provision of Rs. 15 crore has been made for organizing Antyodaya Melas so that the poor families get benefits at one place. He was addressing a function at Jamboori ground here today. The Chief Minister Shivraj Singh Chouhan was weighed...

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