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11 measures, but most in the works for a few years, part of Modi govt Budgets -Harikishan Sharma

-The Indian Express Out of the 11 announcements, three concern governance and administrative reforms, including amendment of the Essential Commodities Act (ECA), 1955, and agriculture marketing reforms through a Central law. New Delhi: Union Finance Minister Nirmala Sitharaman Friday announced 11 measures for the agriculture sector as part of the third trench of the government’s Rs 20 lakh crore Covid-19 relief package. However, most of these measures are either in place already...

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Second stimulus: Govt plans targeting based on need, MSMEs to begin with -Aanchal Magazine & Sunny Verma

-The Indian Express PM wary of open-ended provisions: Fund for MSME with guarantee likely. AS the Covid pandemic and the prolonged lockdown batter all sectors of the economy, the government, sources said, is working on a rescue package that, for now, may address the needs of the micro, small and medium enterprise (MSME) segment rather than the larger corporate sector. More than six meetings have been held at the Prime Minister’s Office —...

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Nutrition and the Budget's fine print -Jayashree B and R Gopinath

-The Hindu While there are well-equipped schemes to address malnutrition, funding and policy gaps are problem areas A few months ago, the Global Hunger Index, reported that India suffers from “serious” hunger, ranked 102 out of 117 countries, and that just a tenth of children between six to 23 months are fed a minimum acceptable diet. The urgency around nutrition was reflected in the Union Finance Minister’s Budget speech, as she referred...

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Farmers' group not impressed with Union Budget 2020-21

-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...

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Natural farming for fiscal prudence? -Arunabha Ghosh and Niti Gupta

-Business Standard Natural farming is an alternative to chemical fertiliser-based and high input cost agriculture After decades of intensive agriculture, farms and farmers are in a crisis, food markets remain distorted, and consumers do not have access to nutritious diets. India needs a shift towards sustainable food systems. Among many alternative farming techniques is natural farming, with the potential to improve sustainability and also meliorate government finances. Natural farming is an alternative to...

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