-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

-The Times of India NEW DELHI: The government is set to recast its focus towards nutrition with a set of new schemes that will take off in the coming financial year. The Union Budget has also increased allocations for the National Nutrition Mission and establishment of new labs for testing food given under the scheme. Expressing satisfaction with the budget allocations women and child development minister Maneka Gandhi said, "All our schemes...

-The Telegraph New Delhi: Budget cuts in several schemes for minority, Dalit and tribal students have prompted academics and activists to question the government's commitment to the education of marginalised communities. A section of the budget papers presented on Monday, titled "Expenditure Budget, Statement 22", shows a fall in allocations to many schemes compared with last year's budget. For example, allocations for pre-matric scholarships for minorities and Dalits have fallen by over 10...

-The Indian Express Central allocations for agriculture are less important than the state budgets. I took the night train to Delhi to participate in budget-day discussions and my co-passenger, who boarded the train in ravaged Punjab, asked me a simple question: “50 farmers are committing suicide everyday; will the budget end farmer suicides?” My answer was — and still is — “No.” The Union budget is just the government’s bookkeeping exercise...

-Livemint.com A growth-first approach may work in the short-term, but India needs to prioritize sustainability simultaneously The Union Budget 2016-17, seeking to “transform India”, has been hailed for its emphasis on agricultural growth and sustainability. Symbolically, the finance minister put “agriculture and farmers’ welfare” first in his nine-point agenda. The words “agriculture” and “farmer” found 20 and 32 mentions, respectively, in the budget speech, the highest in the last decade. On the...