-The Indian Express The budget recognises the crisis in rural India, but allocations do not match the talk In India now, there appears to be an inverse relationship between the time finance ministers spend talking about a particular issue in their budget speeches and the amount of money they actually allocate to deal with it. This was true of former Finance Minister P. Chidambaram’s budget speeches, but incumbent FM Arun Jaitley...
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The Poor Badly Needed a Good Budget this Year. Well, They Didn’t Get It. -Bharat Dogra
-TheWire.in Jaitley said he was making a record allocation to NREGA but the increase is a modest one in real terms and is even more suspect if one considers the backlog from previous year, particularly of delayed wages While various lobbyists did what they could to keep the finance ministry well informed about their demands, one is not so sure whether the needs of the poorest and most needy SECtions were articulated...
More »Questions that need answers -Paranjoy Guha Thakurta
-The Asian Age As one listened to finance minister Arun Jaitley deliver his third Budget speech, the overwhelming impression that was sought to be created was along anticipated lines. Here was a government whose heart was bleeding for the hapless farmer toiling in the fields, the agriculturist whose livelihood has been all but destroyed by two successive monsoon failures. Here was an administration whose representatives were concerned about the “curse of...
More »Just another trivial Budget -Ashok V Desai
-The Hindu The Finance Minister’s prescriptions are a classic case of being unable to see the wood for the trees, be it on the tax proposals, the rural outreach or the bank bailout. It was a marathon achievement: 12,187 words in 111 minutes. True, there were no interruptions; the Finance Minister virtually sent the House to sleep. I have listened to many Budget speeches; and I cannot say that Dr. Manmohan Singh...
More »Government tries to harvest success with farmer-friendly Budget -Richard Mahapatra
-Down to Earth The 2016 Budget has the right intent for the rural SECtor, but lacks clarity Union finance minister Arun Jaitley devoted a major part of his third budget speech to “transform India” and of the nine pillars to achieve the goal, three were on strengthening the rural SECtor. Altogether, the rural SECtor (including irrigation and agriculture) received close to Rs 200,000 crore this Budget, which makes one point clear:...
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