-The Hindu Business Line Leaving aside a focus on warehousing and farm credit, the Budget has sprayed ₹100 crore across a clutter of schemes The new government's budget is marked by a fractured approach to the farm sector, where perhaps the most significant spend has been on irrigation, after the large allocation to farm credit. Credit push A sum of ₹1,000 crore sounds good if instead of large irrigation projects and canal networks, the...
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Union Budget and the 'Digital Divide': Old Wine in New Bottle -Vipul Mudgal
-Economic and Political Weekly The emphasis on use of digital technologies to bridge the "rural-urban gap" in the union budget is limited to high talk and minimal allocations. The need for a more comprehensive and peoples' participation-oriented rural action plan should have been the focus while setting sectoral allocations, but that is not to be in this mid-year budget. Vipul Mudgal (vipulmudgal@gmail.com) heads the Inclusive Media for Change project at the Centre...
More »Land Ahoy!
-Tehelka Bureau Though well-meaning, the new Land Acquisition Act is far from being a perfect legislation. But the urgency to amend a law even before a real field test signals a larger agenda. By all counts, this was expected. Long before he became the BJP and subsequently the nation's chosen one, Narendra Modi had made it clear that his model of development gains from the ease of doing business. Then, days ahead...
More »The budget’s ecological bankruptcy -Ashish Kothari
-The Hindu The NDA's first budget has thrown a few sops in the direction of the environment and the millions dependent on it. But much like its predecessors, in painting the big picture it remains embarrassingly devoid of innovative ideas on how to move India towards ecological sustainability and justice "While 2015 will be a landmark year for sustainable development and climate change policy, 2014 is the last chance for all stakeholders...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
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