-The Hindu Business Line Experts concerned over low allocations for key schemes New Delhi: It’s like demonetisation didn’t happen at all, activists and economists exclaim. Budget 2017-18, coming right after the demonetisation move, had raised hopes of greater allocations for social sectors — what with Prime Minister Narendra Modi’s mantra of Sabka saath sabka vikaas. Yet, there is all-round disappointment. “It is quite extraordinary. Post demonetisation, this is when you needed substantial moves for...

-Livemint.com Whether the present Modi-led NDA government can live up the legacy of high capital expenditure by the Vajpayee government is the big question Arun Jaitley presented his fourth budget on 1 February 2017. This budget would be remembered for historical breaks from its predecessors due to dropping of plan versus non-plan expenditure categories, Merging of railway budget into Union budget and advancing of budget date by a month etc. While these are...

-Hindustan Times Nawanshahr: “The budget is far removed from reality.” That is how young Meet Pal Singh, an MBA who has set up a polyhouse in Mahalon village of Nawanshahr, dismisses the budget. The tall light-eyed youth, who is feted as a progressive farMer in the area, says the Modi government should first focus on implementing the MS Swaminathan report for farMers before coming up with a new set of proposals. Dr...

-The Hindu FM allocates Rs.48,000 crore for MGNREGA; says it will be brought under digital scrutiny The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), once described by Prime Minister Narendra Modi as a “living monument of the UPA’s failure,” got its highest ever allocation — Rs.48,000 crore — since its inception over a decade ago.   Finance Minister Arun Jaitley, however, indicated that the funds dispensed would come under increased digital scrutiny. “The...

-Livemint.com It should lay to rest the ongoing debate about this government’s attempt to radically restructure India’s welfare architecture There were no surprises—no helicopter drop of money into Jan-Dhan accounts, no move to dismantle ongoing welfare schemes in favour of a universal basic income (UBI). Far from being the populist, game-changing budget that many had expected, Union finance minister Arun Jaitley presented a sombre, status quo budget which, apart from some tinkering...