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

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