Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...
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Think different on infrastructure
-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
More »From plate to plough: A new budget in the new year -Ashok Gulati
-The Indian Express The farmers are under severe Stress, with profitability in farming falling alarmingly. FY17 budget must boldly address the agriculture crisis. Finance Minister Arun Jaitley and his team are beginning pre-budget consultations with various stakeholders for the upcoming FY17 budget. Generally, the consultations start with agriculture, slated for January 4. It’s good practice and courteous to invite farm experts and farmers’ representatives. Often, one finds these meetings full of anguish...
More »Wheat output may drop for second year straight due to warm winter
-PTI New Delhi: Wheat production in India, the world’s second-largest producer, is likely to fall below 90 million tonnes for the second year in a row in 2015-16 due to an unusually dry and warm winter. Wheat output had declined to 88.95 mt in 2014-15 due to a poor monsoon and unseasonal rains in February-March, as against a record 95.85 mt achieved in the previous year. Sowing of wheat, a major rabi (winter)...
More »Is the economy sick? -Salman Anees Soz
-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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