The shift might be aimed at boosting farmers’ income but there is no extra outgo for two crore additional beneficiaries.
After its return to power with a thumping majority, the first major task of the Narendra Modi government was to fulfil the ruling BJP’s poll promise to make the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) plan more inclusive. It initially provided annual income support of 6,000 to 12.5 crore small and marginal farmers who own up to two hectares of land but was extended to all farmers irrespective of the size of their landholding. Consequently, two crore beneficiaries were added after the Cabinet, in its first meeting, approved an extra outgo of 12,000 crore in addition to 75,000 crore already allocated for the purpose. Curiously, the additional outlay was missing from the Union Budget 2019/20, taking the sheen out of an otherwise impressive spike in agriculture budget that almost doubled from 67,800 crore in 2018/19 to 1,30,485 crore in the current financial year. The huge outgo towards PM-KISAN has also impacted budgetary allocations for other programmes of the agricultural ministry, including funds for a minimum price support scheme for agri produce.
“Farmers hoped that the annual income support would be increased or at least extended to landless farmers who cultivate on contract/lease. But Finance Minister Nirmala Sitharaman only retained the provision of 75,000 crore. This is very surprising as the government has increased the number of beneficiaries,” says Avik Saha, National Convenor of Jai Kisan Andolan, a nation-wide campaign.
Denne historien er fra July 28, 2019-utgaven av Business Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 28, 2019-utgaven av Business Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.