-The Business Standard Slew of monetary allocations show no clear shift in strategy Finance Minister Arun Jaitley peppered his long speech with announcements of 28 schemes and projects of Rs 100 crore each. This suggests the National Democratic Alliance had grafted a social and Agriculture agenda different from the United Progressive Alliance's.   However, it was a relatively low-cost trick to dazzle and distract in a year when fiscal constraints remain as worrisome. The...

-The Hindu Overall, the Budget places considerable emphasis on agricultural renewal and agrarian prosperity. Obviously, the allocations are small but a beginning has been made to look at the problems in farming in a more holistic manner. The Union Budget is a resource allocation exercise. The priorities in the allocation were indicated in the address of the President to Parliament on June 9. While the President's address provides a framework for political...

-The Times of India   NAGPUR: Several new components like stress on irrigation in dry-land areas, price stabilization fund, bringing landless farmers in pale of institutional finance through NABARD for working on leased lands, allowing MGNREGA in farm work have won bouquets for finance minister Arun Jaitley from farm activists. "Move to set up a national market for farm produce, micro irrigation and watershed schemes in drought-prone regions, crop loan facilities to landless...

-The Times of India   The NDA government committed to continue UPA's flagship Food Security Act to ensure that the poor get wheat and rice at subsidized rates. The budgetary allocation has been increased to Rs 1.15 lakh crore in comparison to Rs 92,000 crore during the last financial year. Finance minister Arun Jaitley said, "Even if due to inadequate rainfall there is a marginal decline in Agriculture production, stocks in the...

-The Hindu The government on Thursday said it proposed to restructure the Food Corporation of India that procured, stored and distributed foodgrain to identified beneficiaries under the Targeted Public Distribution System. Presenting his budget proposals for the food sector, Union Finance Minister Arun Jaitley said the government was committed to reducing transportation and distribution losses and enhance the efficacy of the Public Distribution System. Food Security Act Although Mr. Jaitley did not mention the...