-Scroll.in The non-profit group said that while the wealth of Indian billionaires rose by Rs 30 lakh crore during pandemic, over 4.6 crore people fell to extreme poverty. The income of 84% Indian households declined in 2021 while the number of billionaires in the country grew from 102 to 142 during the last year, non-profit group Oxfam said in a report released on Sunday. In its report titled “Inequality Kills”, Oxfam said that...
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Centre not likely to go for any off-Budget borrowing this year -Arup Roychoudhury
-Business Standard This is a move that has been hailed by economists and policy-watchers as it makes budgeting a more transparent process Union Finance Minister Nirmala Sitharaman, in this year’s Budget speech, had said that she would discontinue extra-budgetary resources (EBR) funding for the Food Corporation of India, in a continued bid to clean up the central government’s balance sheet and end below-the-line accounting. As a result, the EBR provision for 2021-22...
More »Gramin Agricultural Markets: Two years on, just 6% haats upgraded -Shagun Kapil
-Down to Earth The Centre had announced a scheme in the 2018-19 budget to upgrade rural haats so that small farmers could get fair prices for their produce It has been two years since an ambitious programme to convert 22,000 rural haats into Gramin Agricultural Markets (GrAMs) was launched. But only 1,251 have come up till now. This is barely six per cent of the target. Union Agriculture Minister Narendra Singh Tomar told...
More »Will Zero Budget Natural Farming address India’s complex farming and food demands? - Bhargavi S Rao and Leo F Saldanha
-TheNewsMinute.com Prime Minister Narendra Modi’s advocacy of Zero Budget Natural Farming comes after the controversial farm laws were repealed. But further critical examination is crucial. In a televised address to the nation on the morning of November 19th, Prime Minister Narendra Modi sought forgiveness from farmers and the entire nation “with all sincerity of purpose and from the bottom of my heart” for aggressively and undemocratically promoting three controversial farm laws. He...
More »Misleading’ Statement Puts Centre’s Commitment Towards MGNREGA in Question -Ronak Chhabra
-Newsclick.in On Saturday, the Ministry of Rural Development denied that the rural jobs scheme was facing a shortage of funds. Its response, however, “leaves many questions unanswered,” according to civil society members. Activists have questioned the Centre’s response to media reports on the shortage of available funds for the rural employment guarantee scheme in the current financial year, by alleging that it is “misleading” and that it leaves many raised questions “unanswered.” Last...
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