-Livemint.com * We must widen its coverage to feed the needy instead of letting subsidy reductions get the better of it * Subsidy reduction is a key aim of Niti Aayog’s proposal to reduce food-security coverage, but our subsidy level is not as high as it looks and the move could thwart efforts to achieve nutrition goals A recent discussion paper by the Niti Aayog has suggested a reduction in the coverage of...
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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »The pandemic has hampered social auditing of MGNREGA
When a massive sum of public money is spent on a programme like Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA)--a demand-driven programme, there is likelihood of financial misappropriations and mismanagement. Thankfully there are checks and balances in the rural employment guarantee legislation to counter such malpractices. It is worth noting that the total allocation under the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA) for 2020-21 was Rs. 1,11,500.00 crore (R.E.), up...
More »Budget 2021: Funds for anganwadis under ICDS reduced. Only 40% anganwadis in India have tap water connection; lowest in Assam at 2%, Jharkhand 2.5% -Shivani Gupta
-GaonConnection.com Latest data by the Union Jal Shakti Ministry shows that only 39.8% anganwadis are covered with tap water connections. Despite poor infrastructure and lack of basic facilities, such as tap water, the Budget for anganwadis is reduced. To provide tap water supply to rural households, including anganwadis and rural schools, the Narendra Modi government launched its flagship scheme of Jal Jeevan Mission in 2019. The aim is to cover all rural...
More »Budget in the Time of the Pandemic: An Analysis of Union Budget 2021-22 --CBGA
-Centre for Budget and Governance Accountability (CBGA) ‘Analysis of Union Budget’ is a publication which Centre for Budget and Governance Accountability (CBGA) brings out every year following the presentation of the Union Budget in Parliament. This document presents our analysis of the priorities and trends in the Union Budget with regard to the sectors and issues that are directly relevant for the poorer sections of the population. Accordingly, this publication focuses...
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