-The Tribune The farmer is crying for structural change to make the agriculture sector vibrant so that it serves as a pivot for revival of the rural economy, thereby creating employment opportunities for the youth, says Devinder Sharma After two consecutive years of back-to-back bumper harvest in 2016 and 2017, prices for almost all the crops had crashed forcing the farmers to dump their produce onto the streets at many a places....
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Budget 2018: Eyes on Arun Jaitley's announcements for rural sector -Sanjeeb Mukherjee
-Business Standard The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11 As Finance Minister Arun Jaitley gets down to deliver his fifth annual Budget for the 2018-19 financial year, all eyes will be on his announcements for the rural sector which is going THRough a downturn in the last few years. Two consecutive droughts along with a sharp fall in incomes have turned agriculture unprofitable...
More »Budget 2018 to focus heavily on infra, rural spend, says ICRA -Joe C Mathew
-Business Today Social sector spending and investments in infrastructure development could be the highlights of the forthcoming Union Budget 2018-19, credit rating agency ICRA forecasts. It expects increase in budgetary allocations for social infrastructure and social security spending, such as NREGA (rural job security), food subsidy (food security), insurance schemes and welfare pensions. Larger allocations for infrastructure related to cold chains, etc., considered to boost the agricultural sector and the rural...
More »Labour reforms: Maharashtra plans to tweak proposal to ease factory closure norms -Vishwas Waghmode
-The Indian Express Will include clause to protect rights of labourers during closure of factories, says labour minister Mumbai: THRee months after it proposed to ease norms for closure of factories, the Maharashtra government is now planning to revise its proposal to make it easier for factory owners with less than 150 employees to close down, instead of the 300 employees as proposed earlier. The government said it would also include a...
More »From Plate to Plough: How to help the farmer -Ashok Gulati & Siraj Hussain
-The Indian Express Price deficiency payment schemes in Madhya Pradesh and Haryana do not cover farmers’ losses. Telangana’s input support scheme deserves nation-wide emulation. Farm distress is likely to be one of the major focal points of the upcoming Union Budget. Agri-GDP growth has fallen to around 2 per cent per annum in the first four years of the Modi government; the real incomes of farmers have fallen as well. The growth...
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