Budget 2018-19

  This daily series of graphs provides context on some of the critical issues relating to the Union Budget on February 1 The government set an ambitious target of Rs 2.1 trillion from divestment of its stake in public sector companies. But the actual realisation so far has been nowhere near it. The high profile disinvestment of BPCL and Air India are yet to see the light of the day. Data shows that the current year has achieved only 7% of the budgeted target to date, making things more difficult for the fisc in a revenue-stretched year. The coming year may see some of the high-profile sales that the government has been talking about. The initial public offer of LIC may give a further boost… Read Full Story on Union Budget 2021

There are no provisions for effective monitoring and support for farmers to sell outside the APMC Key challenges Budget 2020 – 2021 :  The agri value chain is disrupted by Covid. Ensuring support for storage and distribution can help. Agri commodities see a huge fluctuation in prices during peak season. There are no provisions for effective monitoring and support for farmers to sell outside the APMC. Every year there is substantial crop loss due to erratic climatic events. Industry ask The share of India in the global export of food co-mmodities is less than 1%. A package to boost exports from farmer organisations and small enterprises can be a good start Boosting farmer income has been one of the key goals. A package supporting farmers to convert to organic farming or supporting SMEs in developing organic processed product can help increase the share of organic farming in India. After the roll-out of the AMPC reforms there are concerns among stakeholders on how things will shape u...

  The govt has again assured farmers that MSP would be maintained, but incorporating it as part of the Acts seems clearly out of the question The central government has assured the agitating farmers that it will incorporate the issues raised by them and come up with concrete proposals to amend the three farm Acts on Wednesday.Addressing a group of reporters after agitating farmers’ meeting with Home Minister Amit Shah, Hannah Mollah, the general secretary of the All India Kisan Sabha, said the central government had said it would come up with a set of amendments to the contentious farm laws for farmer groups to consider. After that, another round of discussions would be held. “As far as my information is concerned, the sixth round of meeting scheduled for tomorrow stands cancelled now, as we will not wait for the Centre’s proposals,” Mollah told reporters. Earlier, Shah held a meeting with agitating  farmers protest  to break the deadlock over the three farm laws, on a da...

  The comments came a day before more than 30 farmers’ groups are scheduled to meet Union Agriculture Minister Narendra Singh Tomar and Food Minister Piyush Goyal The central government is open to considering some suggestions from farmers on ways to improve the three agricultural Acts but will not repeal them as they have been passed by Parliament, sources said. The bigger question of incorporating any provision that could give a legal standing to the minimum support price (MSP) is also not being considered at this stage as that will dilute the freeing up the market, the sources added. “Any legislation is not an end in itself and there is always scope for improvement and if farmers’ groups feel that their advice can better the legislations, it could be surely considered, which can then be incorporated into the Acts either by way of amendments or through tweaking of the rules,” a senior official said. The comments came a day before more than 30 farmers’ groups are scheduled to meet ...