Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
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Shock claim on wealth gap -Jayanta Roy Chowdhury
-The Telegraph New Delhi: Those who inhabit the top 1 per cent of the wealth pyramid in India own 73 per cent of the wealth generated in the country last year, an NGO has claimed. In the last 12 months, the "wealth of this elite group increased by Rs 20.91 lakh crore. This amount is equivalent to the total budget of the central government in 2017-18," Oxfam India said in a statement...
More »Jaitley may lend an ear to farm sector -TV Jayan
-The Hindu Business Line Lingering distress in the sector may force the govt to think innovatively New Delhi: Agriculture sector, which suffered badly despite higher production in the last two years, may be a key focus area for the NDA government, when it presents its last full-fledged Union Budget before the 2019 general elections. Attending a function recently in the Capital, Union Finance Minister Arun Jaitley unequivocally said that that the farm sector...
More »Diesel price at all-time high as crude oil surges in international markets -Gireesh Chandra Prasad
-Livemint.com Diesel price touched Rs.61.74 a litre in Delhi, while petrol hit Rs.71.18 a litre, the highest since 1 August 2014 New Delhi: Diesel price rose to an all-time high on Monday as crude oil price continued to advance in global markets, impacting India’s oil import bill and inflation. Diesel price touched Rs61.74 a litre in Delhi, while petrol hit Rs71.18 a litre, the highest since 1 August 2014, according to information provided...
More »Prevalence of anaemia sees little change over 10 years, shows survey -Neetu Chandra Sharma
-Livemint.com Prevalence of anaemia among women has seen little improvement in 10 years, witnessing a rather small decline from 55% in 2005-06 to 53% in 2015-16, the National Family Health Survey (NFHS-4) said The prevalence of anaemia among Indian women has seen little improvement in 10 years, witnessing a rather small decline from 55% in 2005-06 to 53% in 2015-16, a detailed version of the National Family Health Survey (NFHS-4) released this...
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