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Budget 2021 fails to give priority to boosting jobs -Ashwini Deshpande

-The Indian Express The budget should have shown how serious it was about inclusive growth by announcing direct cash support to informal workers, circular migrants, agricultural labour, in addition to steady in-kind food transfers from the overflowing coffers of the FCI by making PDS universal. India’s annual budget, announced amidst much anticipation, focused on health as one of its key pillars. The fact that health and “inclusive growth” found their way into...

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Agriculture infra cess may hit state revenues -Sayantan Bera

-Hindustan Times/ Livemint.com “There is an immediate need to improve agricultural infrastructure so that we produce more, while also conserving and processing agricultural output efficiently,” Nirmala Sitharaman said in her budget speech. The government on Monday introduced a new agriculture infrastructure development cess (AIDC) on petrol, diesel and several other imported items. Finance minister Nirmala Sitharaman assured it won’t place any additional burden on consumers. However, following the introduction of the cess, states...

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Union Budget 2021: Budget sends mixed signals on farm sector -Priscilla Jebaraj

-The Hindu Farmer advocates not impressed by on-ground impact of budget announcements The Union Budget sent mixed signals to the tens of thousands of farmers who have been protesting on Delhi’s borders for the last two months, and the wider agricultural community. On the one hand, the budget allocation for the Department of Agriculture, Cooperation and Farmers Welfare was slashed 8.5% in 2021-22. The flagship PM-KISAN scheme, meant to provide income support to...

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In agri-credit, small farmers are still outside the fence -AS Mittal

-The Hindu The agriculture sector’s performance has not been commensurate with the increasing subsidised credit it receives Farmers on the warpath would mean that agriculture reforms have again occupied centrestage not just in the minds of the politicians but also policymakers. To enable small farmers to diversify their crops or improve their income they must have access to credit at reasonable rates of interest. This has been an agenda of the triad...

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Getting it wrong on India’s level of agricultural support -Sachin Kumar Sharma and Adeet Dobhal

-The Hindu The methodology behind the OECD’s numbers, that suggests negative support, has pitfalls and limitations The ongoing stalemate between the farmers protesting over the recently passed farm laws and the government has sparked an interesting debate regarding the level of agricultural support. Many media reports, based on data by the Organisation for Economic Co-operation and Development (OECD), have ostensibly stated that the support provided to Indian agriculture is extremely low or...

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