استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

Skew Towards PM-Kisan

July 28, 2019

|

Business Today

The shift might be aimed at boosting farmers’ income but there is no extra outgo for two crore additional beneficiaries.

- Joe C. Mathew

Skew Towards PM-Kisan

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.

المزيد من القصص من Business Today

Business Today India

Business Today India

BREAKING THE SILICON CEILING

INDIA'S FIRST COMMERCIAL FAB IS FINALLY TAKING SHAPE, BUT BUILDING A RESILIENT SEMICONDUCTORS BASE WILL TAKE FAR MORE THAN JUST CAPITAL

time to read

10 mins

September 28, 2025

Business Today India

Business Today India

WAITING FOR THE IPO WINDFALL

LIGHTSPEED HAS QUIETLY EVOLVED ALONG WITH INDIA'S START-UP STORY, ARMED WITH A $2.3 BILLION PLAYBOOK. NOW, IT AWAITS THE ULTIMATE PRIZE: A MARKET-DEFINING IPO

time to read

7 mins

September 28, 2025

Business Today India

Business Today India

RIGHT ON TARGET

TARGET MATURITY FUNDS ARE A GOOD OPTION FOR PREDICTABLE RETURNS BUT IT'S IMPORTANT TO LOOK AT THE INDEX COMPOSITION AND CREDIT RATINGS OF ENTITIES WHOSE SECURITIES ARE INCLUDED IN THE BENCHMARK

time to read

6 mins

September 28, 2025

Business Today India

Business Today India

TO A GOOD TIME

DISCOVER THE CRISP, CITRUSY OR BITTER WORLD OF BEER THROUGH HOMEGROWN BRANDS

time to read

3 mins

September 28, 2025

Business Today India

Business Today India

PASSING THE BATON

INDIA'S FAMILY BUSINESSES ARE REWRITING THE RULES OF SUCCESSION—ELEVATING PROFESSIONALS, BUILDING FAMILY OFFICES, AND SEPARATING LEGACY FROM MANAGEMENT

time to read

6 mins

September 28, 2025

Business Today India

Business Today India

A RARE SHIFT

AS THE SHORTAGE OF RARE-EARTH MAGNETS TURNS INTO A FULL-BLOWN CRISIS WITH CHINA'S IMPORT RESTRICTIONS, DOMESTIC PLAYERS ARE LOOKING BEYOND TO SUCCEED WITH THEIR EV PLANS

time to read

5 mins

September 28, 2025

Business Today India

Business Today India

Put energy where you can be the best

PARTHA BASU | MD, ASHIRVAD BY ALIAXIS

time to read

1 mins

September 28, 2025

Business Today India

Business Today India

Thematic Investing: Spotting Structural Themes Before They Become Mainstream

It's a truth well acknowledged in the markets, that extraordinary wealth is created when the investors spot a powerful theme before it captures the imagination of the crowd. To ride such a wave in its infancy, is to participate in returns—so outsized that they defy neat calculation.

time to read

2 mins

September 28, 2025

Business Today India

Business Today India

INDIA'S ETHANOL DILEMMA

INDIA ACHIEVED A 20% ETHANOL BLENDING IN PETROL THIS YEAR, FIVE YEARS AHEAD OF SCHEDULE. WHILE IT IS AN IMPORTANT STEP TOWARDS REDUCING CRUDE OIL IMPORTS, AUTO OWNERS ARE COMPLAINING ABOUT REDUCED MILEAGE AND DAMAGED ENGINES. DOES INDIA'S ETHANOL POLICY NEED A TWEAK?

time to read

7 mins

September 28, 2025

Business Today India

Business Today India

"GST cut is the manifesto of 1.4 billion Indians"

Finance Minister Nirmala Sitharaman on GST rate cuts, lessons from Covid-19, and more

time to read

7 mins

September 28, 2025

Translate

Share

-
+

Change font size