-TheWire.in/ PRS blog The Union Budget replicates revised estimates reported in the interim Budget, not the updated figures for 2018-19 from the Controller General of Accounts. Finance minister Nirmala Sitharaman presented the Union Budget for the financial year 2019-20 in parliament on July 5, 2019. In the 2019-20 budget, the government presented the estimates of its expenditure and receipts for the year 2019-20. The Budget also gave an account of how much...
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Here Are the Budget Numbers the Finance Minister Does Not Want You to See -Jayati Ghosh
-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. ...
More »On Health and Nutrition, Budget 2019 is Lacklustre and Uninspiring -Dipa Sinha
-TheWire.in The budget does little for the most vulnerable populations such as women working in the informal sector or their young children. Just by looking at the numbers, the Budget for health seems promising. The total allocation for the department of health and family welfare (HFW) has increased by about 16%, which could be seen as a substantial hike considering there was hardly any year-on-year expansion during the previous term of this...
More »Only 12% of schools RTE compliant: Whither 6% budgetary allocation for education? -Ambarish Rai
-TheWire.in Despite Indian state’s commitment of 6% GDP on education, the Finance Minister completely ignored right to education for children and strengthening implementation of RTE Act which makes education a fundamental right in her budget speech. The Right to Education (RTE) Forum, which is a collective of different stakeholders in education, condemns this neglect of a legal entitlement, which is unconstitutional and demand for overall increase in the budget to ensure...
More »Economic Survey's Call for MGNREGA to Become 'Rural Distress Indicator' a Nod to Jobs Crisis?
-TheWire.in The survey also conferred a lot of credit on the Centre’s move in 2015 to implement direct benefit transfer and Aadhaar-linked payments when it comes to workers' wages. New Delhi: In tacit acceptance of the sudden surge in demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) following the demonetisation move of the government in 2016, the Economic Survey (released this July 4) has called for using...
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