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Drought casts spell on Maharshtra economy, growth stagnant at 7.5% -Sandeep Ashar

-The Indian Express The one indicator that will worry the Devendra Fadnavis-led government the most as it spells out its final budget before the state polls on Tuesday is the negative growth in the crop sector. Mumbai: Suffering from a crippling drought and growing agrarian distress, Maharashtra’s economic growth remained stagnant at 7.5 per cent. According to the Economic Survey Report (ESR) 2018-19, which was presented to the state legislature on...

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India's budget math faces a tough challenge now -Nikita Kwatra

-Livemint.com To keep up with the pressure of making headline fiscal deficit numbers look good, the government has increasingly resorted to off-budget financing for revenue as well as capital spending As with every other Union budget in the country, all eyes will focus on the fiscal deficit number that India’s new finance minister, Nirmala Sitharaman presents on 5 July in her maiden budget speech. But for many investors and analysts, how that...

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To transform the agrarian sector, a focus on deep-rooted structural issues is needed

-The Telegraph The BJP government must realize that it cannot and should not be done by income transfers alone A new scheme, the Pradhan Mantri Kisan Samman Nidhi, was announced in the interim Union budget presented earlier this year. It was stated that under this scheme farmers holding up to two hectares of land would be entitled to Rs 6,000 every year, to be paid from the budget in three equal instalments....

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Agriculture sector representatives submit Budget wish list to finance minister -Madhvi Sally

-The Economic Times The government must extend benefits of the PM Kisan scheme to landless farmers and farm workers, said Ajay Vir Jakhar, chairman of the Bharat Krishak Samaj. Promote agri- startups particularly in rural regions, expand micro-irrigation, treat solar energy as third crop to augment income of farmers and enact labour reforms to push creation of off-farm jobs, were few of the suggestion which representatives of the agricultural and rural development...

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How India can reduce its alarming child mortality rate

-The Telegraph What is most worrying is that some of the top causes of these deaths are preventable infectious diseases A progress report does not always bring cheer. A Lancet study showed that death of children under five in India went down from 2.5 million in the year 2000 to 1.2 million in 2015. Unfortunately, this still meant that India had the highest child mortality rate in the world in 2015. The...

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