-PTI NEW DELHI: Breaking from past, the Economic Survey for 2017-18 was printed in pink colour as it waded into the problem of gender bias prevalent in India. Indian parents continue to have children until they get the desired number of sons, it said observing that the adverse sex ratio of females to males has led to 63 million "missing" women. The pre-Budget annual document detailing state of economy was in the...
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Union Budget 2018: A Step Forward -Ajay Vir Jakhar
-The Indian Express Únion Budget 2018: Budget addresses the crises in agriculture. The devil is in the allocations All happy families are alike; each unhappy family is unhappy in its own way”. In Anna Karenina, only if a person is satisfied on all counts will she be happy. The allocations in the budget cover every sector, with umpteen implications, and no person’s expectations can be fulfilled on all counts. While every...
More »Where's the money, Mr Jaitley? -Jayati Ghosh
-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
More »Jaitley's farm-inclined Budget promises new agricultural schemes -- but not the funds for them -Mridula Chari
-Scroll.in The agriculture budget grew more than the actual budget in 2018-19. Some of Finance Minister Arun Jaitley’s promises to the agriculture sector in his Budget speech may be a little difficult to keep. Jaitley on Thursday announced two funds together valued at Rs 10,000 crore to develop infrastructure for the fisheries and animal husbandry sectors. But his Budget has allotted only Rs 10 crore to the Fisheries and Aquaculture Infrastructure Development...
More »Economic Survey: Note ban added only a few new taxpayers and will barely increase revenues -Rohan Venkataramakrishnan
-Scroll.in Subramanian’s document says 1.8 million taxpayers have been added to the net, but most are just at the Rs2.5 lakh threshold. The Reserve Bank of India’s report in 2017 confirming that Prime Minister Narendra Modi’s demonetisation decision resulted in almost all of the withdrawn notes being returned prompted the government to look for other indicators as proof that the effort had not been a waste. One of those was supposed to...
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