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What is the actual fiscal stimulus in the budget? -Roshan Kishore

-Hindustan Times Here are three charts which can help us understand this. If there is one point on which the Union Budget 2021-22 has received bipartisan praise, it is the fiscal transparency it has brought into budgetary calculations. By bringing hitherto uncounted expenditure heads into the budgetary numbers, and accounting for past dues, the budget has done away with the dubious practice of artificially underreporting the fiscal deficit numbers. While this is a...

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Crimes against SCs, STs increased in 2019: Govt tells Rajya Sabha

-PTI/ The Indian Express "Yes, sir," said Minister of State for Home Affairs Krishna Reddy when asked whether it is a fact that crimes against members of SCs and STs communities have increased by 7.3 per cent and 26.5 per cent respectively in 2019 as per the latest 'Crime in India-2019' report of the National Crime Records Bureau. The government on Wednesday told Rajya Sabha that crimes against members of Scheduled Castes...

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Union Budget 2021: Slashed funds for NREGA, Poshan Abhiyan 2.0, elderly pensions reflect poorly on Centre -Swati Narayan

-Firstpost.com The biggest hoodwink is the starved Poshan Abhiyan 2.0, which though merges the Supplementary Nutrition Programme and the Poshan Abhiyan, has been allocated an amount less than what was prescribed for Anganwadi services in 2020 In a post-truth world, the plain cold statistics in the fine print of the Union Budget 2021 often reveal more than the Union Finance Minister Nirmala Sitharaman's speech. The budget for NREGA labourers has been slashed despite...

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Decoding the budget and the economics of welfare -Yamini Aiyar

-Hindustan Times Several announcements — a bad bank, the proposal for a development financial institution, and bank recapitalisation — aim at reforming the economy. But these will not respond to the structural inequalities caused by the pandemic Covid-19 is a crisis like no other. And, expectedly, it has wreaked havoc on the Government of India (GoI)’s financial arithmetic as it struggled to deal with collapsing tax revenues and increased expenditure pressures. Therefore,...

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Bag of tricks -Jayati Ghosh

-The Telegraph The Union budget is an extended piece of fiction There is one central message of the Narendra Modi government to the people of India from Budget 2021-22: you will have to be ‘atmanirbhar’ because you’re on your own. The Central government does not have your back. In the midst of the worst health and economic crisis the country has faced since Independence, it will not protect you. It will not...

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