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Union Budget 2018-19: An exercise in jugglery of numbers, say civil society groups

-Press Release by National Alliance of People's Movements (NAPM) New Delhi: Calling this year’s union budget ‘just an exercise in manipulation of numbers,’ veteran activist Medha Patkar asked, “When the major decisions like the demonetisation and GST are taken between two budgets then what’s the relevance of the Budget?,” at a panel discussion on the analysis of this year’s union budget with a special focus on Handloom, Fisheries, Dalits, Adivasis, Forest,...

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Political Messaging Masks Budget 2018's Actual Delivery in the Social Sector -Yamini Aiyar and Avani Kapur

-TheWire.in Even as schemes have received minimal allocations, this budget signals an important shift in the political narrative. Gone is the focus on jobs, skills, aspirations and empowerment. Arun Jaitley had a difficult choice to make this budget. Maintain fiscal prudence or respond to growing demands for public expenditure in light of growing rural distress and at the same time keeping an eye on 2019. He did this today with great panache....

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Why Budget 2018 is too late, too little for the rural economy -Himanshu

-Livemint.com While Budget 2018’s agriculture focus may not revive the rural economy, whether it fetches any votes for the Narendra Modi govt will only be known next year Since this was the last full budget of the Narendra Modi-led government before the general elections next year, its contours were more or less known to everybody. The budget in that sense did not surprise. Given the tight fiscal situation, it was expected that...

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Budget 2018 to focus heavily on infra, rural spend, says ICRA -Joe C Mathew

-Business Today Social sector spending and investments in infrastructure development could be the highlights of the forthcoming Union Budget 2018-19, credit rating agency ICRA forecasts. It expects increase in budgetary allocations for social infrastructure and social security spending, such as NREGA (rural job security), food subsidy (food security), insurance schemes and welfare pensions. Larger allocations for infrastructure related to cold chains, etc., considered to boost the agricultural sector and the rural...

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NREGS job spike because of housing scheme: Government -Subodh Ghildiyal

-The Times of India NEW DELHI: Eight key states logged a massive increase in demand for work under the job guarantee scheme MGNREGA this fiscal, an increase that is seen as astronomical in the history of the programme. Three other states saw high demand during the earlier part of the year but have registered a sharp fall in later months. Still, the annual demand for work under MGNREGA is projected to stay...

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