-PTI New Delhi: The Government may reduce allocation for the PM-Kisan scheme by 20 per cent to around ?60,000 crore in the upcoming budget due to implementation hurdles in some States, according to sources. The Centre had allocated Rs. 75,000 crore in the Budget Estimate (BE) for 2019-20 to implement the scheme, under which Rs. 6,000 is being provided to farmers per year in three equal instalments. Please click here to read more. ...
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Will the Budget offer some solace to farm widows? -TV Jayan
-The Hindu Business Line They await a comprehensive relief and rehabilitation package from the Centre “The Governments here have been asleep for far too long. They should listen to us and solve our problems. If they can’t, they should just go,” thundered Vidya More, a 38-year-old farmer widow from Osmanabad district of Maharashtra. Her frustration is understandable; her husband committed suicide about eight years ago when he couldn’t get enough from his two-acre...
More »Dig holes and fill them up -Surajit Das
-TelanganaToday.in Follow the Keynesian policy and go for larger fiscal deficit that puts more purchasing power in people’s hands Finance Minister Nirmala Sitharaman will present her second Budget on February 1 amid a slowdown in GDP growth and an increase in the rate of unemployment. Even supply-side economists are acknowledging that the current situation is because of the problem of aggregate demand. The demand-side economists, anyway, have been arguing for expansionary...
More »Almost 75% farmers did not get all 3 PM Kisan instalments, a year after implementation -Kabir Agarwal
-TheWire.in According to RTI and Government data, even in the best-case scenario, the Centre has spent only 50% of the amount that was allocated under PM Kisan from December 2018 to March 2020. New Delhi: Less than three in 10 farmers received the Rs 6,000 that was due to them in the first full year of the implementation of the Centre’s flagship PM Kisan scheme, according to Government data obtained by The...
More »Budget 2020: With eyes wide shut, Modi govt gropes for solutions -Subodh Varma
-Newsclick.in Tax collections have plummeted and Modi Govt is scrambling to cut spending by Ministries, further deepening the crisis. For the first time in two decades, corporate and income tax collections are expected to fall in 2019-20. This is an indication of the gigantic mess created by the Narendra Modi Government with its dogmatic commitment to reduce taxes on corporates and squeeze its own expenditure to supposedly boost the flagging economy. As...
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