-The Financial Express Budget 2018: The government claims that this is the Budget for a “new India”.However, this vision excludes rural workers, small & marginal farmers and the unorganised sector. Many claims are being made about the farm sector. The fact is even the “optics” only partially meet these. The substance of this Budget shows how little it caters to farmers, and the economically & politically marginalised. The demand of farmers agitating...
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Political Messaging Masks Budget 2018's Actual Delivery in the Social Sector -Yamini Aiyar and Avani Kapur
-TheWire.in Even as schemes have received minimal allocations, this budget signals an important shift in the political narrative. Gone is the focus on jobs, skills, aspirations and empowerment. Arun Jaitley had a difficult choice to make this budget. Maintain fiscal prudence or respond to growing demands for public expenditure in light of growing rural distress and at the same time keeping an eye on 2019. He did this today with great panache....
More »Where's the money, Mr Jaitley? -Jayati Ghosh
-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
More »It is time for Arun Jaitley to put money behind last year's Budget promises for healthcare -Indranil Mukhopadhyay
-Scroll.in To spend 2.5% of GDP on healthcare by 2025, the centre and state governments must increase healthcare allocation by 24% over the same period of time. Healthcare needs continue to cause financial hardship to people across India. The National Health Accounts 2014-’15 report reveals that more than two-thirds of total spending on health (67%) is household out-of-pocket expenditure. The report tracks how much money is spent on health and how money...
More »Budget 2018 to focus heavily on infra, rural spend, says ICRA -Joe C Mathew
-Business Today Social sector spending and investments in infrastructure development could be the highlights of the forthcoming Union Budget 2018-19, credit rating agency ICRA forecasts. It expects increase in budgetary allocations for social infrastructure and social security spending, such as NREGA (rural job security), food subsidy (food security), insurance schemes and welfare pensions. Larger allocations for infrastructure related to cold chains, etc., considered to boost the agricultural sector and the rural...
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