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Why is centre making farm ponds and training masons?

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FM Arun Jaitley with the Budget papers before presenting them in parliament on Feb 1 (photo: Arun Jaitley); the Budget has set a target of additional five lakh farm ponds in rural areas in 2017-2018.

[vc_row][vc_column][vc_column_text]New Delhi-directed and monitored rural sector spending in the era of economic liberalisation

Parsa Venkateshwar Rao Jr

One of the curious facts contained in Finance Minister Arun Jaitley’s 2017-18 Budget speech in the Lok Sabha on Wednesday is exceeding the target in making farm ponds. Jaitley in the speech had said: “The target of five lakh farm ponds and 10 lakh compost pits announced in the last Budget from MNGREGA funds will be fully achieved. In fact, against the five lakh farm ponds, it is expected that about 10 lakh farm ponds would be completed by March 2017. During 2017-18, another five lakh farm ponds will be taken up. This single measure will contribute greatly to drought proofing of gram panchayats.”

It might appear cynical to point a finger when the government not only meets the target but exceeds the target as well. What seems to emerge from this fact about the creation of farm ponds is that the money is being spent from the rural employment guarantee scheme of MGNREGA, which can be claimed is a good thing. It cannot be disputed. But the curious issue is who is taking the decision on making farm ponds? Is it the decision of the gram panchayat? Does it feel that it is what the village needs? Or is it a gratuitous way of keeping people employed under the MGNREGA scheme? The classic version is that of digging holes and filling them up in times of economic depression. In 2004, in the first UPA-I Budget, the then finance minister P Chidambaram talked about renewing water bodies in the villages.

It would appear that the imperious central government wants to be seen working at grassroot levels, a sort of micro-management when it is a well known fact that agriculture is a state subject, and decisions with regarding to agriculture should be made at the local level. There can also be a debate on whether farm ponds are part of an irrigation source or safe drinking water source. Or is part of the much-touted water-harvesting?

It is a well known fact that from ancient times, digging up tanks in villages has been an established practice for purposes of drinking water as well as irrigation. But should that decision be left to the panchayats? Why is the central government taking up the responsibility of digging farm ponds? It is, of course, a good deed. But the central government should be doing bigger things and leave small issues to the local authorities to sort out. Remember that farm ponds by their very nature are not permanent structures. They are in need of constant upkeep.

The other curious detail in the finance minister’s Budget speech with regard to spending in the rural sector is the training of masons. While announcing an increase in the allocation of Rs 4,500 crore in 2017-18 under the Deen Dayal Antyodaya Yojana-National Rural Livelihood Mission for promotion of skill development and livelihood opportunities for people in rural areas, the minister said: “Mason training will be provided to 5 lakh persons by 2022” and the immediate target is of turning out 20,000 masons in 2017-18.

There is no doubt that the country needs trained masons and other skilled workers. But that issue needs to be addressed at various levels and the central government should not be involved in it, and it should not be part of the aims of the Union Budget. Why is there so much of involvement on the part of the government? Of course, socialists and other do-gooders are sure to hail the work of the NDA government with regard to farm ponds and masons. It only proves that the right-wing BJP does not have a mind of its own with regard to its economic philosophy. It shows that this is not the party of economic reforms and of less governmental interference in the economic activities and the lives of the people in the country. This government wants to prop up the economy and be seen to be doing it. The farm ponds-and-masons story says it all.

Lead picture: FM Arun Jaitley with the Budget papers before presenting them in parliament on Feb 1 (photo: Arun Jaitley); the Budget has set a target of additional five lakh farm ponds in rural areas in 2017-2018.[/vc_column_text][/vc_column][/vc_row]

India News

P Chidambaram avoids commenting on Trump’s dead economy remark echoed by Rahul Gandhi

Chidambaram stays silent on Trump’s ‘dead economy’ remark echoed by Rahul Gandhi as Congress critiques Union Budget 2026.

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P Chidambaram

Finance Minister Nirmala Sitharaman on Sunday presented her ninth consecutive union budget, stopping just short of Morarji Desai’s record of ten.

Congress MP P Chidambaram, however, avoided commenting on the ‘India is a dead economy’ statement made by former US President Donald Trump last July, which was later echoed by Rahul Gandhi.

Speaking to reporters after reviewing the budget, Chidambaram said he could not respond as he lacked the full context of Trump’s original remarks.

The comment by Trump followed India’s continued purchase of Russian crude oil, which the US had criticized as indirectly funding military action in Ukraine. Trump imposed a 25 per cent penalty tariff on Indian imports and added: “I don’t care what India does with Russia. They can take their dead economies down together, for all I care.”

Rahul Gandhi later supported the statement, saying, “He is right, everybody knows this except the Prime Minister and Finance Minister. I am glad President Trump stated a fact…”

The remark sparked a political debate, with BJP leaders criticizing Gandhi, while some Congress members, including Rajya Sabha MP Rajiv Shukla, called the statement “completely wrong.”

Ahead of the budget, Gandhi had highlighted the impact of US tariffs on small textile businesses, noting on X: “50 per cent US tariffs are badly hurting textile exporters. Job losses, shutdowns… are reality of our ‘dead economy’.”

The debate gained traction following the budget announcement, which did not offer immediate relief to middle-class taxpayers and saw markets react sharply, with the Sensex closing 1,500 points lower on Sunday.

Chidambaram, as usual, led Congress’ critique of the budget, pointing to a decrease in capital expenditure as a percentage of GDP from 3.2 per cent in FY25 to 3.1 per cent, despite the proposal of Rs 12.2 lakh crore for capex. He added, “Revenue receipts short by Rs 78,086 crore… total expenditure short by Rs 1,00,503 crore… revenue expenditure short by Rs 75,168 crore… capex was cut by Rs 1,44,376 crore… not a word was said to explain this…”

Rahul Gandhi echoed the criticism, highlighting issues such as unemployment, farmers’ distress, declining household savings, and low investment. “A budget that refuses course correction and is blind to India’s real crises,” he said on X.

Responding to the criticism, Finance Minister Sitharaman said, “With due respects, I don’t know what course correction he is referring to. The economy and its fundamentals are strong.”

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India News

Earthquake of 4.6 magnitude hits Andaman and Nicobar Islands

A 4.6 magnitude earthquake struck the Nicobar Islands at 10 km depth, highlighting the region’s seismic activity and potential risks from shallow tremors.

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earthquake-tremors

An earthquake measuring 4.6 on the Richter scale struck the Andaman and Nicobar Islands early Monday at around 3:30 am, the National Center of Seismology (NCS) reported.

According to the NCS, the tremor occurred at a shallow depth of 10 km. The earthquake’s epicenter was located at a latitude of 9.03° North and a longitude of 92.78° East, placing it in the Nicobar Islands region.

In a post on X, the NCS confirmed the details: “EQ of M: 4.6, On: 02/02/2026 03:31:12 IST, Lat: 9.03 N, Long: 92.78 E, Depth: 10 Km, Location: Nicobar Islands.”

The Andaman and Nicobar Islands fall under Seismic Zone V, according to India’s seismic zoning map (1893-1984), making them one of the most earthquake-prone regions in the world. Historically, the islands have experienced several major earthquakes, including the devastating tremor on December 26, 2004, which caused significant land displacement and triggered tsunami waves, resulting in heavy loss of life and property.

Experts note that shallow earthquakes, like the one recorded on Monday, can be more hazardous than deeper ones. Seismic waves from shallow quakes travel a shorter distance to the surface, causing stronger ground shaking and posing higher risks to structures and human safety.

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Parliament Budget Session 2026 set to begin with Lok Sabha debate on President’s address

The Parliament Budget Session 2026 is set to begin with the Lok Sabha scheduled to debate President Droupadi Murmu’s address for 18 hours.

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Parliament

The Parliament Budget Session 2026 is set to begin on Monday, with the Lok Sabha scheduled to take up discussions on President Droupadi Murmu’s address, a day after Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 in the House.

The Lok Sabha is scheduled to meet at 11:00 am for a busy day of proceedings. A total of 18 hours has been allocated for the debate on the President’s address, which lays out the government’s policy priorities and broad agenda.

Prime Minister Narendra Modi is slated to reply to the discussion on February 4, while Finance Minister Nirmala Sitharaman is expected to respond on February 11.

As per the session calendar, the Budget Session will comprise 30 sittings spread over 65 days and is scheduled to conclude on April 2. Both the Lok Sabha and the Rajya Sabha will adjourn for a recess on February 13 and reconvene on March 9. During the recess period, Standing Committees are expected to examine the Demands for Grants of various ministries and departments.

In addition to legislative business, Budget documents tabled in Parliament are set to provide a detailed break-up of government revenues and expenditure, outlining how funds are raised and allocated.

The opening of the Budget Session also comes amid discussions on the government’s economic approach, including measures announced in the Union Budget aimed at supporting key sectors and addressing global trade challenges.

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