-TheWire.in This year’s Union Budget markets itself as a pro-poor and pro-farmer budget. To take a closer and harder look at this, The Wire spoke to Ashok Gulati, chair professor for agriculture at ICRIER. Gulati tells The Wire why this budget is insignificant for reducing farmers’ distress, in spite of all the talk. Edited excerpts from the interview follow: * How much is the actual increase in the total allocation to agriculture...
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Budget 2016: Allocation math for agriculture sector doesn’t add up -Sayantan Bera
-Livemint.com The agriculture sector saw a 94% increase in allocation, but an analysis of the numbers suggest that the real hike is a modest 27% New Delhi: In a bid to revive growth in agriculture and improve farm incomes, at a time when rural India is weathering a protracted period of distress, the Union Budget presented on Monday placed a renewed focus on the farm sector by increasing funds for crop insurance...
More »Union Budget 2016-17: Mere eyewash or some concrete steps
In the age of social media, various sections of the Indian polity and civil society have reacted publicly in diverse voices, following the presentation of the Union Budget 2016-17 by Finance Minister Shri Arun Jaitley. An assessment of the Union Budget 2016-17 has been done in the following paragraphs by the Inclusive Media for Change team, based on a number of media reports, Government documents (including the Budget documents), and reports...
More »The ‘human face’ of Budget 2016-17 -CP Chandrasekhar
-The Hindu With an eye on the upcoming elections in different States, Union Finance Minister Arun Jaitley has declared that he is presenting a Budget that provides “additional resources for vulnerable sections, rural areas and social and physical infrastructure”. But since aggregate expenditure in nominal terms is slated to rise by just 10.8 per cent between this financial year and the next, that seems difficult to believe. Consider, for example, the...
More »Budget expectations for rural sector
Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...
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