-Centre for Budget and Governance Accountability (CBGA), February 4, 2022 Since 2006, Centre for Budget and Governance Accountability (CBGA) has been bringing out an analysis of the Union Budget every year soon after its presentation in Parliament. This publication aims to facilitate an informed discussion on the Budget focusing both on revenue and expenditure aspects, particularly around the social sectors, agriculture, Rural Economy, climate actions and provisioning of budgetary support for...
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A recipe to deepen the distress in Rural Economy -Himanshu
-Livemint.com Rural Economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the Rural Economy. Recent evidence suggests that the impact of the slowdown...
More »CSO disappointed with low MGNREGA allocation in the Union Budget 2022-23
-Press release by NREGA Sangharsh Morcha dated 2 February, 2022 Notwithstanding the rural distress, implementing NREGA is a legal obligation of the Central government. However, the demand-driven nature of the Act has been repeatedly stifled in letter and spirit. By severe rationing of funds, it has been made a supply driven programme. Today is NREGA diwas and while we are supposed to be celebrating the idea of rural employment guarantee, we...
More »Blissful ignorance -Jayati Ghosh
-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...
More »CSE bats for organic and natural farming
-Centre for Science and Environment * Releases new report that presents irrefutable evidence of the benefits of non-chemical agriculture * Yesterday’s Budget promises to promote chemical-free natural farming, but it is a half-hearted promise at best, as no separate allocation has been made in it, says CSE * CSE’s asks: Invest in organic and natural farming. Make it a mass movement New Delhi, February 2, 2022: “Despite the push given to it through periodic...
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