The Union Budget announcement of a minimum support price (MSP) that will be 50 per cent more than the cost of production has started a debate on the calculation of cost. Ramesh Chand, member, NITI Aayog, speaks to Sanjeeb Mukherjee on this and related issues.
The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11
Economists want the government to focus on jobs, farms, and fiscal consolidation. They also favour re-imposition of the long-term capital gains tax on listed securities and mutual funds.
Rural budget set to increase; likely to enhance market linkages for agri commodities
Critics said a 10-plus per cent annual increase in incomes is a tall order, given that between 2002-03 and 2012-13, farm incomes grew yearly by 3.6 per cent.
The precautions are being proposed to ensure that other cattle varieties are not exported or transported outside the state as Nagori cattle
A clear message was that the ongoing seven-decade-old model of agriculture, based on extensive reliance on subsidy by the government at every stage, was not going to work, said NITI Aayog vice-chairman Rajiv Kumar.
These three states sought a combined financial assistance of Rs 11,186 crore
80% of the surveyed districts did not show any change in migration
Centre, states to share the amount in 60:40 ratio to link unconnected rural habitations and upgrade existing roads till 2020
Workers moving out of agriculture to the rural labour force were largely getting absorbed in construction activities
While the IMD had forecast a 'normal' monsoon for the entire season, Skymet stated that rain this year would be 'below normal', report Sanjeeb Mukherjee and Sahil Makkar.
Agriculturally important UP, MP, Haryana, Maharashtra, and Punjab received 20-30% shortfall in rain
Debroy is expected to have a role and responsibility similar to the erstwhile chairman of the Prime Minister's Economic Advisory Council
DroughtThe Centre is expected to discuss issues related to drought management and also review the progress of major central schemes like soil health cards, irrigation programmes
The theme of the reshuffle is to fulfill Modi's earlier promise of 'maximum governance, minimum government.' Some key ministries are likely to be merged.
Tamil Nadu, the best-performing state, managed to do this in 63 days. Land allotment took 156 days nationally and 28 days in Himachal Pradesh. Environmental approval took 91 days nationally and 25 days in Chhattisgarh.
While Bibek Debroy echoed his view in Twitter, Pronob Sen questioned Kumar's conclusion
Entry of a higher number of technocrats, an appraisal system for civil servants and the benefits of changing the financial year may feature in the PM's fourth speech.
Initiated move to privatise Air India, but reports on poverty and cast census remained unfinished
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances