-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...

-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...

-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...

-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...

-NDTV.com Lakhimpur-Kheri Case: Thousands of pages of the chargesheet were brought to the court of the chief judicial magistrate in Lakhimpur town in a big trunk secured by two locks earlier this morning by the police Lucknow: The Uttar Pradesh Police's special investigation team probing the Lakhimpur Kheri incident where four farmers and a journalist were murdered during an anti-farm law protest last October has submitted a 5,000-page chargesheet to a local...