-Down to Earth Schemes that provide integrated benefits to women and children did not get additional funds this year Food and nutrition were highlighted in this year’s budget presented in the parliament by Finance Minister Nirmala Sitharaman. However, children might not get the benefit of good food.  Schemes for children such as Poshan 2.0, which provide integrated benefits to women and children, did not get any additional funds this year. In 2022-23, an estimated budget...

-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...

-Financial Express According to Rao, the ICAR committee went through more than 1,400 scientific journals on various methods of promotion of sustainable agriculture besides interacting with farmers who have claimed to have adopted ZBNF across seven states. Large scale adoption of Zero Budget Natural Farming (ZBNF)  — farm practices which exclude all synthetic chemical inputs and promote use of on-farm biomass — would result in ‘tremendous reduction’ in production of agricultural crops...

-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...

-The Hindu Developed countries have committed under the Paris Agreement to allocate $ 100 billion per year from 2020 onwards to facilitate emission cuts in poorer countries and also to effect technology transfer in this context. Questions around how the $100 billion yearly commitment towards climate finance will be measured, and related technology transfer accounted for, remain unanswered, Union Finance Minister Nirmala Sitharaman said at the conclusion of the Washington DC leg...