Budgeting for agriculture and food
The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year
Budget
-
Rs 2.5K cr central aid set to put Metro III on fast track
MUMBAI: The Metro rail programme received a shot in the arm on Monday, when the Union Budget, presented by finance minister Pranab Mukherjee, assured financial assistance to the proposed 20-km third route between Bandra and Colaba.
-
Focus on old tribes welcome
Union finance minister Pranab Mukherjee
-
Budget aims to raise farm yield, lower ecological damage
Food security and organic farming can go hand in hand.
-
Health budget burdens Aarogyasri Trust, state
The Rajiv Aarogyasri scheme is going to be hit with the five per cent increase in taxation for services in corporate hospitals, announced by the Union finance minister.
-
Bharat Nirman: Not enough to build a nation
The FM gave only nominal backing to the bouquet of social schemes clubbed under Bharat Nirman.The overall increase was Rs 10,000 crore over the previous year,adding up to Rs 58,000 crore. But in real terms,this could mean much less as the revised outlays for previous years are well above the initial allocations. The National Rural Drinking Water Programme got Rs 8,099 crorethe same as last year
-
Games over, CM gets wake-up call on poor
NEW DELHI: As it struggles to get a grip on its finances in the post-Commonwealth Games scenario, the Delhi government on Monday got a Central grant of Rs 1257.86 crore in the Budget. Up from last year's Rs 1080.51 crore, this year's grant sets aside Rs 500 crore for infrastructure like last year but gives a boost to projects for the urban poor with a grant of Rs 400 crore.
-
Pranab takes an agro stand
Rattled by soaring food prices and falling farm productivity, the FM has announced a slew of measures to boost the farm sector and vowed to deepen the process of attracting more private investment in agriculture and agro-processing. He announced an increase in bank lending for farm sector as well as interest subsidy to farmers who pay short-term crop loans on time.
-
No integrated strategy for agriculture and food security'
The budget comes in the backdrop of an emerging global food crisis, caused partly by extreme weather events in some major food producing countries including China, and partly by escalating petroleum price arising from the battle for democracy in the Middle East. It also comes in the wake of continuing food inflation.
-
No provision for Food Security Bill
NEW DELHI: There is no provision for the proposed National Food Security Bill in the budget proposals for 2011-12. The Bill will necessarily enhance the food subsidy as wheat and rice are to be made available at Rs.2 and Rs.3 a kg to the beneficiaries, but the budget does not reflect this. Finance Minister Pranab Mukherjee did make an announcement about bringing to Parliament the Bill
-
Coal cess to fund forest protection schemes
Rs. 200 crore each allocated to Green India Mission and environmental remediation programmes The cess slapped on coal in last year's budget will help pay for schemes to protect and regenerate forests and clean up polluted sites announced in this year's Budget. Finance Minister Pranab Mukherjee has allocated Rs.