Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget?

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How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget?

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                            <p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget?</em></p><p style="text-align:justify">The latest estimates suggest that India&rsquo;s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India&rsquo;s journey to prosperity by two years. These two years have obviously been difficult for much of the economy, more so because the economy had already been slowing down &ndash; the growth rate had decelerated from 8.3% in 2016-17 to 4% in 2019-20.</p><p style="text-align:justify">During the pre-pandemic period, a few other emerging markets like Brazil, South Africa and Turkey saw similarly sharp slowdowns, while others like China, Indonesia and Malaysia saw only modest decelerations. Overall, the growth data from this period does not paint a picture of a global crisis, but rather, of varied outcomes. India was one of the countries where the slowdown was considerable.</p><p style="text-align:justify">Beyond the GDP numbers, the decade-long sluggishness in new private investments and exports did not augur well for India&rsquo;s growth prospects.</p><p style="text-align:justify"><em>The fiscal situation before the pandemic</em></p><p style="text-align:justify">Fiscal management in the pre-pandemic years needs to be considered against this backdrop. Certain facts about fiscal management during these years are worth keeping in mind while interpreting the numbers provided in budget documents and these numbers need to be adjusted for proper interpretation. But first, a brief overview of the fiscal context just before the pandemic.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts" title="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts" class="re" target="_blank">TheWire.in, 30 January, 2022, https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts</a><div class="clear"></div>
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                            <p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget?</em></p><p style="text-align:justify">The latest estimates suggest that India&rsquo;s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India&rsquo;s journey to prosperity by two years. These two years have obviously been difficult for much of the economy, more so because the economy had already been slowing down &ndash; the growth rate had decelerated from 8.3% in 2016-17 to 4% in 2019-20.</p><p style="text-align:justify">During the pre-pandemic period, a few other emerging markets like Brazil, South Africa and Turkey saw similarly sharp slowdowns, while others like China, Indonesia and Malaysia saw only modest decelerations. Overall, the growth data from this period does not paint a picture of a global crisis, but rather, of varied outcomes. India was one of the countries where the slowdown was considerable.</p><p style="text-align:justify">Beyond the GDP numbers, the decade-long sluggishness in new private investments and exports did not augur well for India&rsquo;s growth prospects.</p><p style="text-align:justify"><em>The fiscal situation before the pandemic</em></p><p style="text-align:justify">Fiscal management in the pre-pandemic years needs to be considered against this backdrop. Certain facts about fiscal management during these years are worth keeping in mind while interpreting the numbers provided in budget documents and these numbers need to be adjusted for proper interpretation. But first, a brief overview of the fiscal context just before the pandemic.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts" title="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts">click here</a> to read more.&nbsp;</p>                                                           
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    <h1 class="cat-box-title">A Pandemic and a Union Budget: A Study in Three Acts -Suyash Rai</h1>
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                            <p style="text-align:justify">-TheWire.in</p><p style="text-align:justify"><em>How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget?</em></p><p style="text-align:justify">The latest estimates suggest that India&rsquo;s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India&rsquo;s journey to prosperity by two years. These two years have obviously been difficult for much of the economy, more so because the economy had already been slowing down &ndash; the growth rate had decelerated from 8.3% in 2016-17 to 4% in 2019-20.</p><p style="text-align:justify">During the pre-pandemic period, a few other emerging markets like Brazil, South Africa and Turkey saw similarly sharp slowdowns, while others like China, Indonesia and Malaysia saw only modest decelerations. Overall, the growth data from this period does not paint a picture of a global crisis, but rather, of varied outcomes. India was one of the countries where the slowdown was considerable.</p><p style="text-align:justify">Beyond the GDP numbers, the decade-long sluggishness in new private investments and exports did not augur well for India&rsquo;s growth prospects.</p><p style="text-align:justify"><em>The fiscal situation before the pandemic</em></p><p style="text-align:justify">Fiscal management in the pre-pandemic years needs to be considered against this backdrop. Certain facts about fiscal management during these years are worth keeping in mind while interpreting the numbers provided in budget documents and these numbers need to be adjusted for proper interpretation. But first, a brief overview of the fiscal context just before the pandemic.</p><p style="text-align:justify">Please <a href="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts" title="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts" class="re" target="_blank">TheWire.in, 30 January, 2022, https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts</a><div class="clear"></div>
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A Pandemic and a Union Budget: A Study in Three Acts -Suyash Rai

Published on Jan 30, 2022   Modified on Jan 31, 2022

-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years. These two years have obviously been difficult for much of the economy, more so because the economy had already been slowing down – the growth rate had decelerated from 8.3% in 2016-17 to 4% in 2019-20. During the pre-pandemic period, a few other emerging markets like Brazil, South Africa and Turkey saw similarly sharp slowdowns, while others like China, Indonesia and Malaysia saw only modest decelerations. Overall, the growth data from this period does not paint a picture of a global crisis, but rather, of varied outcomes. India was one of the countries where the slowdown was considerable. Beyond the GDP numbers, the decade-long sluggishness in new private investments and exports did not augur well for India’s growth prospects. The fiscal situation before the pandemic Fiscal management in the pre-pandemic years needs to be considered against this backdrop. Certain facts about fiscal management during these years are worth keeping in mind while interpreting the numbers provided in budget documents and these numbers need to be adjusted for proper interpretation. But first, a brief overview of the fiscal context just before the pandemic. Please click here to read more.

TheWire.in, 30 January, 2022, https://thewire.in/economy/a-pandemic-and-a-union-budget-a-study-in-three-acts

Tagged with: Pandemic Union Budget Union Budget 2022-23 National Small Savings Fund NSSF FCI Food Corporation of India Fiscal Deficit

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