-The Telegraph New Delhi: The Centre has floated a proposal to scale down an interest waiver scheme meant to help poor students enrol themselves for professional courses. The human resource development ministry has sought the opinion of other ministries on lowering to Rs 7.5 lakh from Rs 10 lakh the loan amount eligible for interest waiver under the central sector Interest subsidy scheme (SCISS) launched in 2009. The proposal to lower the ceiling...
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A claim for dignity -Pratap Bhanu Mehta
-The Indian Express It is morally obtuse and analytically misleading to see farmers’ long march as a demand for handouts The “long march of the farmers” in Maharashtra refocused attention on the crisis in certain regions in Indian agriculture. It should be the headline news that jolts the nation out of a complacent stupor. The protest made a series of long-standing but familiar demands: Loan waivers, increase in MSP, implementation of Forest...
More »UP Budget: Farmers and Marginalised Sections Neglected
-Newsclick.in The Finance Minister of Uttar Pradesh Rajesh Agarwal presented the Budget for financial year 2018-19 on February 16. The State government allocated Rs. 63,223 crores for overall Education sector which is an increase of 10.90% as compared to 2017-18 in which Rs. 56,993 crores were allocated. Out of this amount, Rs. 50,142 crore will be spent on Primary Education, Rs. 9,387 crore on secondary education and Rs. 2,656 on higher education....
More »Centre, states to discuss how to ensure MSP for farmers
-PTI The Centre will consult state governments early next month to set up a mechanism for protecting farmers' income when market prices fall below the minimum support price (MSP), Agriculture Secretary S K Pattanayak said today. A model law is also being prepared to ensure tenant cultivators get institutional credit and Interest subsidy, he added. "We will call a meeting of state governments early next month to discuss a mechanism so that farmers...
More »Why the fuss about fiscal deficit? -Aarati Krishnan
-The Hindu The answer lies in the fragile state of the Centre’s finances, and its control over interest, pension and subsidy expenses To any layman watching India’s annual Budget jamboree, the entire exercise must seem very puzzling. After the Finance Minister has read out a long list of giveaways to farmers, small businesses, low-income earners and senior citizens in his speech, none of the beneficiaries seems entirely happy with their gifts. Commentators, after...
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