-The Indian Express Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has constantly declined from 0.31 per cent of the gross value added of agriculture and allied activities in 2011-12 to 0.24 per cent now Seven years of low crude prices, five years of above normal monsoon topped by good agriculture production, and everything looked positive for a...
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School education takes biggest hit: Govt cuts proposed education spending by Rs 6,000 cr -Ritika Chopra
-The Indian Express No announcements on recovering learning loss, support for children at risk of not returning to school. The government’s proposed spending on education next year has been cut by Rs 6,000 crore at a time when the Covid-19-induced disruption is expected to have exacerbated students’ learning loss and school dropout rates. The total education budget was slashed by 6 per cent from Rs 99,311 crore in 2020-21 to Rs 93,224 crore...
More »A Budget that fails to address the hunger pandemic -Dipa Sinha
-The Hindu In a year of economic slowdown and growing inequality, we have been presented with a stingy Budget that fails to ensure the bare necessities for all While the country continues to grapple with the health and economic crisis as a result of COVID-19, widespread hunger and food insecurity is a silent emergency that has not been getting sufficient attention. Unfortunately, the Union Budget also does not include any significant measures...
More »Behind reduction in agriculture budget, lower spending under PM-Kisan -Harikishan Sharma
-The Indian Express While Finance Minister Nirmala Sitharaman did not mention PM-Kisan in her Budget speech, she tried to assure farmers about the minimum support price (MSP). The Agriculture Ministry did not spend its full budget during 2020-21, leading to a reduction in the allocation in the revised estimates (RE) for the current financial year and a lower outlay for the next one. In Union Budget 2021-22, the two departments—Department of Agriculture,...
More »Budget 2021 fails to give priority to boosting jobs -Ashwini Deshpande
-The Indian Express The budget should have shown how serious it was about inclusive growth by announcing direct cash support to informal workers, circular migrants, agricultural labour, in addition to steady in-kind food transfers from the overflowing coffers of the FCI by making PDS universal. India’s annual budget, announced amidst much anticipation, focused on health as one of its key pillars. The fact that health and “inclusive growth” found their way into...
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