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Budget in the Time of the Pandemic: An Analysis of Union Budget 2021-22 --CBGA

-Centre for Budget and Governance Accountability (CBGA) ‘Analysis of Union Budget’ is a publication which Centre for Budget and Governance Accountability (CBGA) BRIngs out every year following the presentation of the Union Budget in Parliament. This document presents our analysis of the priorities and trends in the Union Budget with regard to the sectors and issues that are directly relevant for the poorer sections of the population. Accordingly, this publication focuses...

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Is the Budget’s infrastructure push green? -S Gopikrishna Warrier

-MongabayIndia.com * The main focus of the Union Budget for 2021-22 is on infrastructure development-led growth. * This is expected to create a demand in the economy and thereby help it recover after the pandemic crisis. * This commentary explores whether the thrust on infrastructure development will lead to adverse environmental consequences. * The views expressed in this commentary are that of the author. Investment in infrastructure is the most important focus area in the...

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Kerala to BRIng in ordinance issuing building permits based on self-declaration of owners

-The New Indian Express The building permit will be cancelled and a fine will be imposed if the details submitted by the owner or licensee in the declarations are found to be wrong THIRUVANANTHAPURAM: The state cabinet meeting has decided to BRIng in an ordinance to amend the Kerala Municipality Act 1994 and Kerala Panchayat Raj Act, 1994 in order to speed up the issuance of building construction permits. As per the...

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What is the actual fiscal stimulus in the budget? -Roshan Kishore

-Hindustan Times Here are three charts which can help us understand this. If there is one point on which the Union Budget 2021-22 has received bipartisan praise, it is the fiscal transparency it has brought into budgetary calculations. By BRInging hitherto uncounted expenditure heads into the budgetary numbers, and accounting for past dues, the budget has done away with the dubious practice of artificially underreporting the fiscal deficit numbers. While this is a...

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Union budget fails to address 'urgent' spending needs in social sector: Oxfam

-Counterview.net Even as calling Finance Minister Nirmala Sitharaman’s budget “historic”, top international NGO Oxfam, pointing towards “some gaps” in it, “especially while addressing inequalities on the lines of caste, class, gender and occupation”, has regretted that the budget “does not address the urgent spending needs in the social sector, especially in health and education.” In a statement, Oxfam India quotes CEO stating that “the Union Budget 2021 has failed to address inequality...

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