-Live Mint Critics say inadequate funding is also a reflection of the govt abdicating its responsibility in providing healthcare facilities The United Progressive Alliance (UPA) government’s ‘health for all’ slogan could remain just that as the addition in the budget for health in the next financial year is Rs.7,000 crore, which experts said falls far short of the amount needed to start making universal health coverage (UHC) a reality. Some critics say...

-The Indian Express Even as Finance Minister P Chidambaram’s Union Budget for 2013-14 is being touted as a ‘balanced’ budget, members of the Congress president Sonia Gandhi-led National Advisory Council (NAC) have criticised it for not having done enough for the social sector. They feel the budget, which comes just ahead of the Lok Sabha elections due next year, falls short on delivering to the less advantaged groups and is relatively...

-The Hindu “The purpose of a Budget – and the job of a Finance Minister,” P. Chidambaram declared in his speech, “is to create the economic space and find the resources to achieve the socio economic objectives.” Now that the presentation of and the spate of initial responses to the budget are behind us, it may be appropriate to ask how far the Minister went in accomplishing his self-defined task. Mr. Chidambaram...

-The Asian Age Sonia Gandhi’s economic and political ideology may have apparently triumphed over that of Manmohan Singh. The neo-liberal finance minister Palaniappan Chidambaram may be conveying an impression that he’s turned socialist with a vengeance by increasing taxes on the rich in the run-up to the 16th general elections. But the truth is that Mr Chidambaram has made certain assumptions about subsidies, inflation and the expected growth of gross domestic product...

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...