-The Times of India It is budget time once again. Far away from the talk of lakhs and crores of rupees echoing from Parliament to television studios, a thin adivasi teenage girl stands in a queue at her hostel, her plate in her hand, waiting for her share of the gruel that she is given for lunch every day. Her family depends on the money from the minor forest produce her...
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Food prices worry govt ahead of 2014 elections -Rajeev Deshpande
-The Times of India The Manmohan Singh government's mission in a pre-election year seems cut out: To check and roll back retail food inflation that rose from 4% in January last year to 13% in December, a trend that could blight its 2014 poll ratings. With food prices accounting for half of overall inflation, this group stayed above 10% most of last year, higher than the overall consumer price index figure of...
More »UPA’s addition to health budget falls short of requirements-Kirthi Rao and Vidya Krishnan
-Live Mint Critics say inadequate funding is also a reflection of the govt abdicating its responsibility in providing healthcare facilities The United Progressive Alliance (UPA) government’s ‘health for all’ slogan could remain just that as the addition in the budget for health in the next financial year is Rs.7,000 crore, which experts said falls far short of the amount needed to start making universal health coverage (UHC) a reality. Some critics say...
More »An opportunity missed-CP Chandrasekhar
-The Hindu “The purpose of a Budget – and the job of a Finance Minister,” P. Chidambaram declared in his speech, “is to create the economic space and find the resources to achieve the socio economic objectives.” Now that the presentation of and the spate of initial responses to the budget are behind us, it may be appropriate to ask how far the Minister went in accomplishing his self-defined task. Mr. Chidambaram...
More »Hope trumps realism-Paranjoy Guha Thakurta
-The Asian Age Sonia Gandhi’s economic and political ideology may have apparently triumphed over that of Manmohan Singh. The neo-liberal finance minister Palaniappan Chidambaram may be conveying an impression that he’s turned socialist with a vengeance by increasing taxes on the rich in the run-up to the 16th general elections. But the truth is that Mr Chidambaram has made certain assumptions about subsidies, inflation and the expected growth of gross domestic product...
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