The allocation announced by Finance Minister Nirmala Sitharaman for rural development in the Union Budget is notable.
Next year’s budgeted outlay for agriculture is 32 percent higher than the revised estimates but just three percent more than the Budget estimate of this year.
Budget 2020: Govt to spend Rs 2.83 lakh cr on agriculture sector to lift wobbly economy; fiscal deficit to widen to 3.8% this fiscal
Agriculture accounts for 15 percent of India’s gross domestic and a source of livelihood for more than half of the country’s 1.3 billion population.
Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops
In Budget 2020, it is fervently hoped that the government will focus on genuinely empowering the farm sector.
Government expected to push the pedal for agri reforms; here's a list of centre's schemes that can help
With an increased focus on addressing the systemic challenges in the agriculture sector, the upcoming Budget may see greater attention on the agriculture sector covering policy reforms and technical intervention.
Budget 2020: Govt may consider import duty cut on raw material for fertiliser industry; move aims to boost domestic production
During April-December 2019-20, the country's crude and manufactured fertiliser imports grew by 8.47 percent to $ 6.2 billion.
The restrictions on agricultural marketing and the difficulty of doing business have had a chilling effect on corporate investments in agriculture
Ahead of the Budget, Federation of Seed Industry of India (FSII) on Thursday urged the government to restore 200 percent income tax deduction for in-house research and development (R&D) expenditure in the seed industry
Budget 2020: Govt to draft first national fisheries policy with Rs 45,000 cr; to focus on aquaculture, mariculture among others
The newly carved out Fisheries Ministry is working on an overarching policy that would cover all aspects of the fishery sector, the sources said.
Removing of GST on agri-inputs, revamping crop insurance scheme, considering land lease rental for fixing MSP and banning futures trade in agri-commodities are among the suggestions made by farm experts during their pre-Budget meeting with Finance Minister Nirmala Sitharaman
As NPA resolution crawls, banks stare at spike in credit cost in range of 1.9% to 4.6% in second half of current fiscal
In its earlier assessment, India Rating had estimated the system-wide credit cost floor at 1.9% and capped it at 4.4% for the second half of FY19 and whole of FY20
Narendra Modi in Haryana: At Rohtak rally, PM says first 100 days of govt defined by change, determination, good intentions
Narendra Modi on Sunday asserted that past 100 days of his government were defined by change, determination, improvement, and good intention.
Narendra Modi panel admits jobs, growth issues: Acknowledging impasse is welcome sign, but economy needs deeper surgery
A slowing economy, of course, will have its impact on the job situation. Thus, not surprisingly, unemployment has been on the rise
IMD’s ‘good news’ for farmers vs Skymet’s warning of deficient rains: Who will get the weather forecast right this year?
IMD forecasts going wrong has given shockers to farmers in certain years. Past evidence shows that IMD has gone wrong on occasions surprising the policymakers and economists
Kant said there is a need to boost investment in the agriculture sector as well as to introduce new technology and market reforms.
US says door is open if India is prepared to bring serious proposal to address trade, market access issues
The US in November last year revoked duty-free concessions on import of at least 50 Indian products
GDP growth slows to five-quarter low of 6.6% in Q3 on weak performance of agriculture and manufacturing sector
Earlier last month, the CSO had estimated GDP growth of 7.2 percent for this fiscal under its first advance estimates.
Assuring full support to public sector lenders (PSBs), Piyush Goyal said bankers have also got confidence from the amendment in the Prevention of Corruption Act that bonafide actions are protected by the law.
Budget 2019: PHD Chamber expects reforms in farm sector, rationalisation of direct taxes; says bold steps essential to boost investment
Consistent indirect tax revenue growth along with reduction in GST rates by the government indicates that the tax base is widening and economic activity is rapidly expanding in India, it said.
Both the UAE and Saudi Arabia want to invest in both organic as well as food processing industries