-Macroscan.org The Budget sops will not provide a solution to problems of poverty and unemployment in India, which result from structural changes creating a mass of unutilised and underutilised labour force. Please click here to read more. ...
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RBI raises limit for collateral-free agri loans to Rs.1.6 lakh from Rs.1 lakh
-The Hindu Business Line In the wake of the government announcing direct income support of ?6,000 per year for small and marginal farmers in the interim Budget on February 1, the Reserve Bank of India, on Thursday, raised the limit for collateral-free agriculture loans to Rs.1.6 lakh from Rs.1 lakh. The central bank said the increased limit will enhance coverage of small and marginal farmers in the formal credit system. The circular...
More »Numbers That Count: An Assessment of the Union Budgets of NDA II -CBGA
-Centre for Budget and Governance Accountability (CBGA) The Interim Union Budget 2019-20, the last Budget presented by the incumbent government, comes at a time when the economy is beset with myriad problems. Among the various challenges facing the economy, perhaps the most critical are those related to the acute agrarian distress, burgeoning unemployment and slowing down of the economy. While it is true that many of these problems began prior to...
More »Missing the gender-infrastructure link -Simrit Kaur, Sanchita Joshi & Vaibhav Puri
-The Indian Express Why Niti Aayog’s evaluation of Sustainable Development Goals has room for improvement. The NITI Aayog should be complimented for releasing the “SDG India Index Baseline Report 2018”. The document tracks India’s progress at the sub-national level on 13 of the 17 Sustainable Development Goals (SDGs). The launch of an index that maps India’s endeavours at sustainable development is significant in several ways. The performance of the world’s second-most...
More »Square pegs, round holes -Amartya Lahiri
-The Indian Express Possibly the most problematic aspect of evaluating the Budget is the opaqueness of the underlying data. The interest in this year’s Union Budget had been high for obvious reasons. It being an election year, there were expectations of a major spending package focused on struggling sectors such as agriculture. The Budget didn’t disappoint as the finance minister announced an income support programme for farmers, raised the tax-free income...
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