Dear blogger...extremely sorry for not updating the blog for long due to hectic schedule and change of priorities in life.Hope all of you are enjoying the dawn of year 2019 with hope and energy.
In this line,Honb FM of India has presented the interim budget for remaining period of 2019 till the new government comes in to power. FM and PM termed it as budget of hope and aspirations for new and vibrant India. Of course, numerous provisions such as Income assistance to farmers,pension scheme to workers in un-organized sector,income tax rebate up to five lakh taxable income etc will benefit millions of people with extra disposable income in their hands. India is a vast country with huge chasm between one corner to other corner and between one sector to other sector. It needs long term policies,vision and stability in government approach. The present government tried to do all possible things on these fronts. However, the position of farmers is not improving significantly due to uncertain market condition. Although government has increased the MSP for roughly 20 crops but its implementation on the field is far from expectations. This needs some correction and alternative thinking. The problem of farm sector is multi fold. Government needs to provide real time information to farmers regarding cropping acreage of a particular crop across the country so that farmers can take informed decisions regarding the crop they should plant. It will reduce the overproduction issue and thus low price in the market for e.g. if farmer of western Uttar pradesh comes to know that potato has already been planted by farmers of Punjab,Karnataka,west Bengal,Gujarat etc in thousand of hectares then at least he will have the option to not to grow potato in his or her field for the current season. This might save him for crash of prices. Other then this direct benefit transfers in to bank account is a good step and it should cover all type of government subvention to reduce the chance of corruption and pilferage of government money. I hope that this year's interim budget will bring hope to millions of people of India...keep on blogging..
