-The Hindu The restrictions on private vehicle usage may have got most of the media coverage, but are by no means the only steps the government has announced. Nationally, over 35 per cent of urban households own a motorised two-wheeler and just under 10 per cent own a car, jeep or van. In Delhi, where per capita incomes are among the highest in the country, these proportions are much higher: nearly 40...

-The Hindu Business Line India’s expenditure on health is just a little over 1% of its income Health care in India seems to be entangled in a vicious cycle of low public investment and poor health outcomes. Our health achievements are dubious - home to a fifth of the world’s children who die before their fifth birthday and the highest number of mothers who die while giving birth. Poorer neighbours like Bangladesh...

-Outlook Corporate karza maafi reaches new heights, social spending new lows This year's budget write-off in customs duty on gold, diamonds and jewellery (all aam aadmi items, of course) is Rs 75,592 crore. That's well over twice the "record" amount allocated to the Mahatma Gandhi National Rural Employment Guarantee Scheme. As Prof Jayati Ghosh points out, the MNREGA has given billions of person-days of work to tens of millions of poor...

-Centre for Budget and Governance Accountability (CBGA) Press Release   New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...

-The Hindu Budget making is a complex exercise, especially in a country like India. Therefore, the parameters to judge the annual budget are also many. For me, the arithmetic of the budget is the first. According to the statements made by the Prime Minister and the Finance Minister, one expected the fiscal deficit targets to be adhered to. However the Finance Minister has extended it from two to three years....