Business Today

The Intent Is Not There

Allocations have increased but mean absolutely nothing if structural reforms are what we have been hoping for

If you go by pure numbers, the Narendra Modi government has increased the allocation for agriculture in Union Budget 2019/20. This is true even if one excludes the Rs 75,000 crore provided for the Pradhan Mantri Kisan Samman Nidhi (PM Kisan). The Fasal Bhima Yojana has been allocated Rs 14,000 crore instead of Rs 12,975 crore last year and interest subsidy for short term credit to farmers has gone

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
Plane Pain
▶ The top three players have rebounded after Covid-19 by growing sales quickly ▶ SpiceJet failed to reach the pre-Covid level of sales even in FY23 *2022-23 IS AKASA’S FIRST FULL YEAR OF OPERATIONS SOURCE DGCA ▶ Leading airlines have been experiencin
Business Today3 min read
Road Warrior
IN THE HEART of Khalid Wani, who is the Senior Director of Sales for the India region at the American storage drive maker, Western Digital, beats the rhythm of a fervent traveller. He’s a man who believes passionately that the most precious memories
Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f

Related