-Economic and Political Weekly
Budget 2016-17 recognises that the rural economy is in crisis; however, it fails to address this with sufficient targeted rural spending. A perusal of budget documents reveals exaggerated expenditure claims, achieved through reclassification of budget heads. There has been an enduring neglect of agriculture, which is further exacerbated by this year’s reduced subsidies for fertiliser and food. This will induce further vulnerabilities in the rural economy.
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