-TheWire.in/ Macroscan.org The huge, unexplained discrepancy between the Budget amounts and the 'provisional actual' figures for Central expenditure and revenue open the entire Budget exercise to serious question, argues Jayati Ghosh. Please click here to read more. ...

-Press release by NREGA Sangharsh Morcha and Peoples' Action for Employment Guarantee (PAEG) dated 9 July, 2019 Even as many parts of the county suffer from drought, the new government at the centre has allocated a mere Rs 60,000 crores for the National Rural Employment Guarantee Act (NREGA) for the ongoing financial year. This is Rs 1,084 crore less than the revised Budget estimate for 2018-19. Expenditure would have been much...

-The Indian Express Opposition members said it has no roadmap and does not address the serious issues of agrarian crisis and unemployment. TARGETING THE Union Budget in the Lok Sabha on Tuesday, Opposition members said it has no roadmap and does not address the serious issues of agrarian crisis and unemployment. The ruling BJP members countered that the Budget has “everything to take the country to a $5 trillion economy in...

-NDTV Three days after the Union Budget was presented, questions have surfaced over a nearly Rs. 2 lakh crore 'fiscal hole' in India's financial accounts. The anomaly was first picked up by Rathin Roy, a member of the Prime Minister's Economic Advisory Council. Writing in the Business Standard, he studied both the Economic Survey and the Budget and found that the revenue estimates for 2018-19, in other words how much the government...

-The Indian Express The FM has rightly spoken of a “focus on integrated demand and supply side management of water at the local level, including source sustainability and management of household wastewater for reuse in agriculture”. India is not a water-short country. We have merely managed our plentiful water very poorly. What we need, therefore, is a paradigm shift in policy. Could the finance minister (FM) be said to have risen to...