-Down to Earth Lack of land records, poor Aadhar-linkage can cap disbursement at Rs 3,500 cr this financial year The Narendra Modi government may have to be content spending less than a fifth of what it allocated for its much-touted Pradhan Mandhri KIsan SAmman Nidhi (PM-KISAN) for whatever remains of the current financial year. The lack of detailed land records and gaps in Aadhar-linkages for bank accounts can be major roadblocks. Union minister...
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Education and Employment Drew Blanks in the Interim Budget -Kiran Bhatty
-TheWire.in The new vision wants youth to figure out education and skills on their own but still expects them to be the drivers of economic progress. Piyush Goyal, presenting the interim budget, called it a road map for peoples’ development – a fitting description for an election year budget. Accordingly, it contained the expected sops to farmers (income support), to the middle class and home owners (increase in income tax and rental...
More »There is so much confusion about the Pradhan Mantri Kisan Samman Nidhi Yojana
Against the backdrop of the Finance Minister Shri Piyush Goyal announcing the Pradhan Mantri Kisan Samman Nidhi (PMKSN) programme during his budget speech on 1st February, 2019, it becomes essential to differentiate between 12.56 crore operational holding households (enumerated, as per the Agriculture Census) and 13.33 crore ownership holding households (estimated, as per the 70th round National Sample Survey report no. 571) pertaining to size upto 2 hectares. In his budget...
More »The boundaries of welfare -Prabhat Patnaik
-The Indian Express Interim budget indicates that the government’s electoral strategy is to win over the ‘intermediate classes’ while ignoring the poor. The Narendra Modi government has now carried its penchant for undermining institutions to the national budget itself. Not only has it treated what should have been an interim budget, as its tenure lasts barely two months into the new financial year, as a full-fledged budget, but it has also...
More »Budget 2019: Behind Chest Thumping, Cuts in Welfare and Silence on Jobs -Subodh Varma
-Newsclick.in The Interim Budget granted a paltry Rs 500 per month to farmers as relief, fund cuts for dalits, adivasis and minorities, and was silent on agricultural and industrial workers. It was the theatre of absurd in the Lok Sabha on Friday as replacement Finance Minister Piyush Goyal presented the Interim Budget through an election speech, tom-tomming the so-called achievements of the Narendra Modi government over the past five years, offering an...
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