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Salt to the wound -Prabhat Patnaik

-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...

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Big Brother is winning -Pratap Bhanu Mehta

-The Indian Express The enhancement of state powers without control or transparency is not being done against our wishes The clamour for security, accountability and transparency is leading to unfettered increase in the power of states. We are enacting law after law, introducing technology after technology, to render citizens transparent to the state. But at the same time, we are weakening protections and consenting to technologies in a way that makes the...

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Nice To See NREGA Trending. But Urgent Fixes Needed. -Reetika Khera

-NDTV The "highest ever allocation" to NREGA (which also led to it trending on Twitter)  in the Union Budget has provided a useful opportunity to raise some pressing issues related to the implementation of the scheme. It is natural, and welcome, that the government turn to NREGA to provide much-needed relief to those whose already precarious lives have been disrupted by demonetization, a man-made economic disaster. Widespread reports of job losses...

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Union Budget 2017-18: Urgent Need for an Improved Farm Debt Waiver Scheme -Ishan Anand

-TheWire.in Despite all the talk of a big push to the agricultural sector, the last Union Budget turned out to be a missed opportunity to provide genuine relief to farmers. The government must rectify this. The finance minister will be presenting the Union Budget 2017-18 at a time when the agrarian economy is in deep crisis. The farmers of the country have been suffering from a longstanding neglect of the sector, which...

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Will we miss the budget opportunity? -Jayati Ghosh

-The Indian Express Post-demonetisation, a reversal of the slowdown would require enhanced public spending. It doesn’t appear to be forthcoming. Given the economic uncertainty around the world and the demonetisation-induced domestic downturn in the Indian economy, preparing this year’s Union budget was never going to be an easy task. But the Modi government seems determined to make its task harder. It has managed to generate expectations — that will almost inevitably remain...

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