 "Budget 2017: Jaitley seeks to woo rural population")
Finance Minister Arun Jaitley today sought to give a rural and farmer-friendly push to the Budget, but by relying more on routing finances through financial institutions like the National Bank for Agriculture and Rural Development (NABARD) rather than enhancing budgetary allocation for schemes.
This approach of enhancing the financing capability of existing institutions by creating dedicated funds, instead of allocating more to schemes and programmes, is being seen by many as a deft move to ensure funds for the government’s farming initiatives without denting the fiscal roadmap.
Big programmes like Rashtriya Krishi Vikas Yojana (RKVY) have, in fact,
This approach of enhancing the financing capability of existing institutions by creating dedicated funds, instead of allocating more to schemes and programmes, is being seen by many as a deft move to ensure funds for the government’s farming initiatives without denting the fiscal roadmap.
Big programmes like Rashtriya Krishi Vikas Yojana (RKVY) have, in fact,
