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: 73
 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]
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: 74
 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]
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]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]latest-news-updates/budget-2014-15-the-worst-yet-to-come-surajit-mazumdar-4673531.html"/> LATEST NEWS UPDATES | Budget 2014-15: The Worst Yet to Come? -Surajit Mazumdar | Im4change.org
Resource centre on India's rural distress
 
 

Budget 2014-15: The Worst Yet to Come? -Surajit Mazumdar

-Vikalp


A remarkable feature of the first budget of the Modi government was that the numbers in it (see Table 1 for a summary) - of the revenues that are anticipated from different source, the expenditures allocated to different heads and the fiscal deficit which expresses the gap between the aggregates of these - were almost identical to those in the interim budget presented earlier in the year by the UPA government.

The one thing about Budget 2014-15 about which there is virtually complete unanimity is that it could very well have been one presented by the former finance minister P. Chidambaram. While for obvious reasons many have been chary of articulating it very sharply and clearly, even corporate India and the neoliberal bandwagon appear a little surprised and disappointed at this level of continuity between the UPA and the BJP regimes.

Please click here to read more.