Budget 2018: All eyes on Arun Jaitley's announcements for the rural sector

agriculture, farming, crops, cultivation

The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11


BUDGET NEWS  :           As Finance Minister Arun Jaitley  gets right down to deliver his fifth annual budget for the 2018-19 economic 12 months, all eyes may be on his bulletins for the rural quarter which is going through a downturn in the last few years. two consecutive droughts together with a sharp fall in earning have grew to become agriculture unprofitable resulting in huge agitations in numerous elements of the us of a.

in keeping with a few estimates, inside the 2017 Kharif season on my own, an expected Rs 360 billion has been denied to farmers for now not being capable of sell their produce at the state-mandated minimum assist rate (MSP). the fall in farm earning no longer only threatens to dent the ruling BJP electorally but can also boost a large query mark on the authorities’s promise to double incomes through 2022.

in this perspective, business trendy appears at budgetary allocation for agriculture and allied sectors within the past few years beneath the UPA and primary years of the NDA along side agriculture growth at some point of these years.

The budget allocation for Ministry of Agriculture and allied sports, which includes the departments of agriculture research and animal husbandry, has grown by way of 114% considering the fact that 2010-11, with a large bounce coming from 2016-17 after the government began adding the expenditure incurred on hobby subvention on quick-time period crop loans beneath the Ministry of Agriculture.
CLICK HERE TO READ MOREE  : BUDGET NEWS 2018

Comments

Post a Comment

Popular posts from this blog

Tigor launched at Rs 4.7 lakh: Tata eyes a seat in Swift Dzire's market

Image
It comes in four variants in the price range of Rs 4.7 lakh to Rs 6.19 lakh Upping the ante in the crowded compact sedan category,  Tata Motors  on Wednesday launched Tata Tigor , its third product in the tax-efficient sub-four metre sedan segment. The biggest selling point for Tigor is its aggressive pricing. At Rs 4.7 lakh for the base petrol variant, Tigor is now the cheapest compact sedan in the country and even undercuts Tata’s existing models. For example, the largest-selling car in the segment - Swift Dzire - starts at Rs 5.27 lakh, while the base petrol version of Indigo CS, from the Tata stable, is priced at Rs 5.03 lakh. Besides Indigo CS, Tata Motors also sells the Zest in the segment, but has not been able to break the dominance of Maruti Suzuki’s Swift Dzire in the category. The compact sedan and hatchback category, accounted for over 40% of car sales in January 2017, at over 114,000 units. Maruti accounted for 56,000 cars in the category, with Swift D...
Read more

Indigo, SpiceJet Shift Operations To T-2 of DIAL

Image
Indira Gandhi International airport sees a partial shift of operations from Terminal-1 (T-1) to Terminal-2 (T-2) by Indigo and SpiceJet The decision relating to shifting a part of the airline’s operation to IGI terminal 2 in Delhi International Airport Ltd (DIAL’s) decision was challenged by Indigo airlines, which has the biggest market share in Delhi high court. However, as a temporary measure, the Delhi high court on Tuesday cleared all the decks for (DIAL) to shift a part of operations of a few airlines to the newly unveiled Terminal 2 from terminal 1 at Indira Gandhi airport. Hema Kohli and Rekha Palli dismissed the appeal by the Indigo against the shifting of its partial operations by DIAL, which is a policy decision with the sanction of Directorate General of Civil Aviation (DGCA). Partial Shifting of Operations Indira Gandhi International airport sees a partial shift of operations from Terminal-1 (T-1) to Terminal-2 (T-2) by Indigo and SpiceJet. The shift of operat...
Read more

Oppo to set up Rs 2,200-cr smartphone manufacturing unit in Greater Noida

Image
Domestic smartphone maker is looking to begin export of phones made in India in the next 2-3 years LATEST NEWS : Telephone maker Oppo Mobiles is making plans to make investments round Rs 2,200 crore in India for a cellular telephone production facility. The proposed investment can be at more Noida. The company has submitted files associated with the proposed assignment to the environment Ministry and stated that the net quantity required for the status quo of the second one unit in Uttar Pradesh includes land in addition to development prices. The assignment is anticipated to be a self-sufficient manufacturing established order, spreading across an area of 110.04 acres. In its reaction to a fixed of questions posed by means of the business fashionable, Oppo said its other meeting unit in Noida, which commenced manufacturing in July 2016, has reached full capacity and plans were being firmed up for the putting in of a surface Mount generation (SMT) manufacturing fac...
Read more