-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...
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Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
More »A budget for Bharat can reset the narrative -Anil Padmanabhan
-Livemint.com Pro-poor and yet not populist can be the single defining strand of this year’s Union budget The run-up to this year’s Union budget, especially the past one week, has taken place in the backdrop of an unprecedented, vicious political confrontation between the ruling Bharatiya Janata Party (BJP) and the opposition. Together with the hit-wicket tendencies of the BJP-led National Democratic Alliance (NDA), it probably exaggerated the magnitude of every challenge...
More »The near death, and revival, of MGNREGS -Sanjeeb Mukherjee
-Business Standard Back-to-back droughts and record-low farm commodity prices have forced the NDA government to look at MGNREGS in a new light.Things have started to look up for the scheme About a year back, Raqibul Hussain, Assam's rural development minister, was unhappy because he could not stop the Central government from lowering the state's annual entitlement under the Mahatma Gandhi National Rural Employment Guarantee Scheme for 2014-15. This, he said in a day-long...
More »Drug pricing: a bitter pill to swallow -Feroze Varun Gandhi
-The Hindu Medicines remain overpriced and unaffordable in India. In a country mired in poverty, medical debt remains the second biggest factor for keeping millions in poverty. The international pharmaceutical industry has found its cash cow in India’s beleaguered consumers. With a minimum wage of Rs.250/day for a government worker, a basic wage worker afflicted with a chronic disease like multi-drug-resistant tuberculosis faces penury. His treatment, with drug combinations, which works out...
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