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For instance, the Rs 5,000 crore (Rs 50 billion) “long term

Modi govt must not ignore farmers

canada goose clearance sale Young Indians starting their careers in an environment devoid of hope and opportunity and surviving on dole will be inclined to populist politics. canada goose clearance sale

canada goose coats on sale But the farming community expects much canada goose kensington parka uk more substance from the government, and the Budget was canada goose outlet los angeles a good example of how populism trumped substantive policy. canada goose coats on sale

buy canada goose jacket cheap Like his predecessors, Arun Jaitley chose not to canada goose outlet locations in toronto clear the smokescreen over the government’s financial obligations as far as the agricultural community is concerned. buy canada goose jacket cheap

Canada Goose online For instance, Rs 73,000 crore (Rs 730 billion) has been allocated as fertiliser subsidy this year. But the actual outgo could be as much as Rs 85,000 crore (Rs 850 billion). Canada Goose online

canada goose store After clearing the backlog of canada goose outlet in canada last year’s unpaid fertiliser subsidy of Rs canada goose outlet winnipeg 38,000 crore (Rs 380 billion), the remaining Rs 35,000 crore (Rs 350 billion) will run out by August. There is, thus, no provision for fertiliser subsidy for the Rabi sowing. canada goose store

Factor canada goose outlet uk in an imminent doubling of gas price and the additional burden to the exchequer for urea subsidy alone could be Rs 10,000 crore (Rs 100 billion). The combined shortfall will certainly dent the fiscal deficit targets the government has set for itself. Does the finance minister have other plans?

It is also significant that the finance minister candidly referred to reviewing the “urea policy”, not the “fertiliser policy”.

canada goose clearance Using the term “fertiliser policy” would mean reallocating the subsidy between different nutrients phosphates and potash being the other two to encourage the balanced use of fertiliser that is currently skewed towards urea canada goose outlet owing to the heavy subsidy on it. canada goose clearance

canada goose uk black friday A review of the urea policy can mean a reduction in urea subsidies only. Not that this will happen immediately either; no doubt, the Bharatiya Janata Party will wait canada goose jacket outlet store till after the Maharashtra and Haryana Assembly elections before administering this bitter pill to the farming community. canada goose uk black friday

Then again, the Budget announcement of a meagre Rs 56 crore (Rs 560 million) allocation for the archaic idea of 100 mobile soil testing vans flummoxed canada goose outlet phone number me.

canada goose The world has moved along to cheaper compact backpack soil testing technologies. The country doesn’t need a 100 rickety vans but 4,000 canada goose outlet boston advanced soil testing units. canada goose

Canada Goose Parka Rather than list such small ideas in over two hours of the Budget speech, farmers would have preferred the finance minister canada goose outlet woodbury to dwell a little more on the nuances of Rs 800,000 crore of agriculture credit instead. Canada Goose Parka

Legally, there is a whiff of a chance this may stand scrutiny owing to the fine print. But for the record: most of this humongous amount canada goose outlet website legit is not given to farmers. Members of Parliament and the public at large need to be made equally official canada goose outlet aware of this anomaly.

uk canada goose Especially when in West Bengal 54.7 per cent of agricultural credit is canada goose outlet shop advanced by urban or metropolitan branches. For Maharashtra, the corresponding figure is 46.3 per cent and in Tamil Nadu 33 per cent. uk canada goose

Some good ideas in the Budget need follow ups to be truly effective. For instance, the Rs 5,000 crore (Rs 50 billion) “long term rural credit fund” for refinance support to co operative banks and regional rural banks is much appreciated.

cheap Canada Goose Short term refinance to these banks is not applicable for interest subvention. But the announcement that we really awaited was a capital infusion into these small banks to fulfil the Reserve Bank of India guidelines of nine per cent minimum capital adequacy norms. Otherwise, these banks will eventually close. cheap Canada Goose

Providing finance to 500,000 joint family groups of “Bhoomi Heen Kisan” through the National Bank for Agriculture and Rural Development (Nabard) is a landmark allocation. But at the pace canada goose outlet legit at which Nabard works, I doubt if it will be able to reach any finance to the targeted families in this financial year.

New programmes such as Skill India, Rurban mission, Neeranchal Kisan TV are laudable as are incentivising farmers markets. A price stabilisation fund could be one way to move away from the minimum support prices regime to a canada goose outlet toronto factory farmer income policy.

uk canada goose outlet Farmers had desperately hoped for an effective crop insurance policy. A pension of Rs 1,000 a month for the landless labour is quite a valid demand when compared to similar guarantees for the employees of the organised sector. uk canada goose outlet

Canada Goose Outlet I would be very cautious with projects like interlinking of rivers, which historically are fraught with risk of delivering only half the target output with cost overruns of over five canada goose outlet toronto address times on a conservative estimate. The ecological loss will be also immeasurable. Canada Goose Outlet

As the prime minister gets ready to deliver his first Independence Day address, which is widely expected to contain many new policy announcements, it is important that he ignores the positive chatter emanating from the panel discussions on TV channels; canada goose outlet mall they do not represent the largest section of society even one iota.

canada goose black friday sale Neither should he be moved by the adulation of the industry associations, which have never opposed a Budget speech in living memory. Only when change is all but done, do they start to find fault in government policies. But it is those Indians who don’t either follow the Budget telecast, invest in stock markets or pay taxes that will be a decisive factor five years down the line canada goose outlet in vancouver canada goose black friday sale.

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