-The Indian Express He said the RBI board had “independently applied its mind” to send the relevant recommendation to the government. THERE WAS never any shortage of currency in the aftermath of the decision to demonetise high-value currency, Finance Minister Arun Jaitley told the Rajya Sabha on Tuesday while answering a clutch of questions on the issue. “At no point of time, not for a single day, was the currency inadequate. As...
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Will Budget help double farmers' income? -Vidya Venkat
-The Hindu Most of the earnings of the average farm household were spent in meeting consumption expenditures. Finance Minister Arun Jaitley announced a slew of measures in the Union Budget 2017 to boost the agriculture sector. Higher agricultural credit, higher allocation for irrigation projects, a crop insurance scheme and increased allocations for MGNREGA to dig farm ponds were among the measures announced on February 1. But will these help attain the goal...
More »Bombay HC reprieve for Indira Jaising's NGO; orders defreezing of its domestic accounts -Shibu Thomas
-The Times of India MUMBAI: In a reprieve for Lawyers Collective, the NGO run by noted lawyer Indira Jaising, the Bombay high court on Monday by an interim order defreezed the non-FCRA/ domestic bank accounts of the organisation. Justice Mahesh Sonak, while admitting the petition filed by Lawyers Collective challenging the cancellation of its registration, also halted the Union government's directive to the charity commissioner to dispose off its assets. "The allegations...
More »Budget 2017: What finance minister Arun Jaitley said versus what the numbers show -Samarth Bansal
-Hindustan Times The budget is about policy, and the budget speech has to strike a balance with politics. How well do they match? The allocation for MGNREGA is up 1% What Jaitley said: “Honourable Members would be happy to note that the budget provision of Rs. 38,500 crores under MGNREGA in 2016-17 has been increased to Rs. 48,000 crores in 2017-18. This is the highest ever allocation for MGNREGA.” What the numbers say: Yes,...
More »Cotton farmers counting the losses -Rutam Vora, KV Kurmanath and Vishwanath Kulkarni
-The Hindu Business Line Rising pest attacks are mounting pressure on cotton farmers even as prices play truant. Rajeshbhai Patel is not amused. The farmer in Kadi, northern Gujarat grew cotton on four bigha in this year’s kharif season, instead of 11 in 2016. He had reduced the acreage fearing increasing costs owing to pests attacks. But as cotton prices rule at unusually high levels in the ongoing harvest season, he...
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