POETIC NEWS ANALYSIS on”Union Budget 2017 ” (part-2: Post-demonetisation and agriculture sector analysis)

In last post we talked about one of the hightlights of this budget 2017๐Ÿค‘

Proportionate taxation๐Ÿค“, Richer will have to open thier heart’s door๐Ÿ’“

They are now lucky enough to contribute more because they earn more ๐Ÿ’ฐ๐Ÿ’ธ !

Today, lets analyse budget 2017’s more colours,both bright ones and those which are grey๐Ÿ’™๐Ÿ’š๐Ÿ’›๐Ÿ’œ

Presenting you summerised version  of what finance minister on 1st feb served on tray๐Ÿ’ฃ๐Ÿ’ฅ๐Ÿ–

Along with the opinions and comments what most budget analysts had to say   ๐Ÿ˜‹๐Ÿ˜€๐Ÿ˜ƒ๐Ÿ˜‰๐Ÿ˜Ž ๐Ÿ‘๐Ÿ‘Ž

#Post demonetisation

First of all if analysed on expectations post demonetisation,it has failed to shine ๐Ÿ‘€๐Ÿ‘Ž

 No compentsations and concessions to the common man who faced problems in ATM line ๐Ÿ˜ซ๐Ÿ˜–

Even if government could justify the “no compensation” for thier pain ๐Ÿค“๐Ÿค, Saying it was for nation’s gain๐Ÿ˜€๐Ÿ™„

“Demonetisation figures “, Why not disclosed?, opposition echoed again and again๐Ÿ˜ก๐Ÿ˜ 

Anyways the budget had justified the demonetisation exercise as not futile๐Ÿ˜€๐Ÿ˜

It says it as a step towards cashless India and a part of removing  black money’s file ๐Ÿ˜Ž๐Ÿค”

Remonetization will come soon and economic loss was not permanent,was only for a while๐Ÿ˜‘๐Ÿ˜Œ

I wish government beliefs come true and success comes to thier demonetization’s missile๐Ÿค“๐Ÿค

However,the Pink Notes ๐Ÿ˜‹๐Ÿ’Ÿ, I wished could have did more as it had roared๐Ÿ˜ 

I m sure you will agree, reading ATM line jokes๐Ÿ˜‚๐Ÿ˜‚ we all have been boared๐Ÿ˜ค

# Agriculture budget

By 2022, targeting to double๐Ÿค‘the income of tillers of nation’s soil๐Ÿค”๐Ÿค“

Again we have the increased  allocations for agriculture sector, repeating past few years’ tradition and coil๐Ÿ˜…๐Ÿ˜‰

Taking forward๐Ÿ˜‹ “per drop more crop”,

Budget 2k17 has microirrigation fund’s hop๐Ÿ˜,

Funding Krishi vigyan kendra for soil sample testing,๐Ÿค“๐Ÿ˜ฎ

But it has just missed ๐Ÿ˜ท๐Ÿ˜ซ to incentivise farmers so that they find soil health card usage interesting,๐Ÿ˜Œ

Soil testing,definately a noble idea and a high potential to reduce chemical fertilizer’s created imbalance and futile urea subsidy,๐Ÿค“๐Ÿ˜ƒ๐Ÿ˜€

But there is no incentive,no compulsion for its usage and there’s nothing to make them feel steady,

all what experts feel is government needs to make the farmers more convinced and ready๐Ÿ˜‹๐Ÿ˜ฅ๐Ÿค

Expanded credit and 60 days interest waiver are other reforms to make inputs in agriculture easy๐Ÿค—๐Ÿ˜€

But until we have market reforms income rise idea sounds dizzy๐Ÿค”๐Ÿ˜ช

Expanding e-NAM (national agricultural market) again ensures platform for famers to sell,๐Ÿค“๐Ÿ˜ฎ

It links mandis accross country very well,๐Ÿ˜Œ๐Ÿ™ƒ๐Ÿ˜Œ๐Ÿ™ƒ๐Ÿ˜Œ

However it does not ensures buyers will come,๐Ÿค๐Ÿ˜ž๐Ÿ˜ฒ

If no one buys,useless will be all the allocated sum,๐Ÿ˜๐Ÿค“๐Ÿ˜ฎ

Infact no one will be ready to buy from a product coming from a distanced anonymous source,๐Ÿ˜’๐Ÿ™๐Ÿ˜’๐Ÿ™

Unless and untill a third party check ensures credibility with force,๐Ÿ˜ฎ๐Ÿ˜ฏ๐Ÿ˜ซ

Hence, boasting e-NAM according to some analysts is like supporting an incomplete reform,๐Ÿ˜”๐Ÿ˜•

Market experience for farmers is less likely to transform,๐Ÿ˜ช๐Ÿ˜“๐Ÿ˜’

However incresing insurance coverage to 40%,needs to be appreciated,๐Ÿ˜๐Ÿค—

Just wish the farmers enroll for it , then the attempt can be really appreciated๐Ÿ˜‹

Hope,Contract farming support which involves corporate farming fears don’t turn true ๐Ÿค”๐Ÿ˜ฏ๐Ÿค

So that small farmers can happily remain associated๐Ÿ˜‹๐Ÿ˜๐Ÿ˜€๐Ÿ˜ž and be happy with this new hue๐Ÿ™„๐Ÿ˜ถ

Overall with budget 2017 like previous budgets,mixed hopes have increased๐Ÿ˜‘๐Ÿ˜€๐Ÿ˜‘๐Ÿ˜๐Ÿค”๐Ÿค”๐Ÿค”๐Ÿค”๐Ÿค”๐Ÿค”๐Ÿค”๐Ÿค”๐Ÿค”

Somewhere, in a small agriculture field of Vidharbha, a farmer’s wife๐Ÿ™Ž and her husband’s soul ๐Ÿ—ฃget greased๐Ÿค๐Ÿ™ƒ

And thier children’s ๐Ÿ‘ช future still remain diseased๐Ÿ˜‡๐Ÿ˜€๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ˜ข๐Ÿ™๐Ÿค๐Ÿค๐Ÿค๐Ÿค๐Ÿค

Hope you liked the summay !๐Ÿค“๐Ÿ™ƒ๐Ÿ™ƒ

Do tell me if I have missed any point regarding the two sectorts touched in analysis today.

Criticism and feedbacks highly welcomed!

Till then

Keep smilling,keep reading,keep sparkling like moon๐Ÿ˜Š

With a promise to complete the series soon๐Ÿ™Š๐Ÿ‘ง

Signing off ๐Ÿ™‹

Yours loving ๐Ÿค—


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s