-Livemint.com A growth-first approach may work in the short-term, but India needs to prioritize sustainability simultaneously The Union Budget 2016-17, seeking to “transform India”, has been hailed for its emphasis on agricultural growth and sustainability. Symbolically, the finance minister put “agriculture and farmers’ welfare” first in his NINe-point agenda. The words “agriculture” and “farmer” found 20 and 32 mentions, respectively, in the budget speech, the highest in the last decade. On the...
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Political expediency wins over cooperative federalism -Nitin Sethi & Ishan Bakshi
-Business Standard Cess, surcharges come in handy New Delhi: Looking to leave its political imprint over spending in rural India, the National Democratic Alliance (NDA) government has budgeted for a massive 31 per cent hike in its share of spending on NINe big-ticket centrally sponsored schemes (CSS) in 2016-17 over last year's budgetary allocation. Last year's Budget mantra of 'cooperative federalism' has been sidestepped to favour political exigencies. To fund these schemes, which...
More »Pretending to be pro-poor, little change over UPA -Arun Kumar
-The Tribune While giving concessions worth Rs.1,000 crore in the direct taxes paid by the rich, the government plans to net an extra Rs. 19,000 crore in indirect taxes, which are contributed by all. This reveals a regressive intent. Like all Union budgets, this one also is long on promises but hides the real dynamics, namely, how the resources are to be raised for the promised very substantial expenditures. The budget is...
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:...
More »On sanitation, India is still in the dumps -Indira Khurana
-The Pioneer The Modi Government’s campaign to end open defecation is welcome but building new toilets alone will not solve the problem Politically, sanitation is a hot topic but the focus has to shift to the villages. Open defecation is still a common practice in many villages. The plan is to achieve the Clean India target by 2019 to coincide with the 150th birth anniversary of Mahatma Gandhi. Every year, health payments...
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