-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
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Budget 2022: Lowest sections of our society who suffered most are not yet part of recovery story -Ashwini Kulkarni
-The Free Press Journal Today’s budget speech of the Finance Minister was more about Government’s intentions, intentions for a long term horizon like 25 years and little on this years’ specific plans. There is an oft-spoken phrase – where there is a will there's a way. If the policies of a Government is its Will then the Budget is meant to give the Way by providing the means with funds. Today’s budget...
More »Union Budget 2022: The Concerns and Numbers Don’t Square Up -Arun Kumar
-TheWire.in Much was expected from the Union Budget 2022 which has come at a time when the Indian economy is facing an economic turmoil due to the coronavirus pandemic and battling widespread unemployment and inflation. High hopes were pinned on this year’s budget as the country saw young people protesting for Railway jobs, Farmers protesting for the government to address their loss of incomes, micro-sector producers as they faced closures and PSU...
More »"Revenge For Farmers' Protest": Farm Leaders Disappointed, Slam Budget -Sukirti Dwivedi
-NDTV.com Budget 2022: "Agriculture employs more than half the working population, yet the centre paid little attention," a prominent farm leader said. New Delhi: Farmers are disappointed with the meagre announcements made for them during today's budget speech by the finance minister, a prominent farm leader who was involved in last year's protests said. Farmers across the country were keenly following the budget speech with a lot of hope as this is...
More »Many Farmers left out of PM Kisan benefits in A.P., reveals survey -P Sujatha Varma
-The Hindu ‘Neither are the reasons specified nor a resolution process put in place’ Vijayawada (Andhra Pradesh): About 15.2 lakh Farmers in Andhra Pradesh are deprived of the payment instalments under the Centrally-sponsored ‘PM Kisan Samman Nidhi’ that provides input subsidy to them. As part of the scheme, the Farmers will receive a sum of ₹6,000 per agricultural year in three instalments of ₹2,000 each and the transfer of the 10th instalment is...
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