Poor allocation of funds to key social sectors shows the government’s lacklustre approach to inclusive growth. We are reaching the end of a remarkable fiscal year,” said the finance minister as he rose to present the Union Budget 2011-12. Agreeing with the government that the year gone by presented us with several opportunities and challenges to address critical concerns pertaining to the social sector, the overall sense is that this Budget,...
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Budget gives social sector short shrift by Radhieka Pandeya
The budget has allocated of total Rs160,887 crore, or 36.4% Plan allocation, to the social sector. The Bharat Nirman group of welfare schemes has together been allocated Rs58,000 crore. The income of workers and helpers at anganwadis, or government-run day-care centres, has been doubled. The move is expected to benefit nearly 2.2 million people. However, it has not been replicated for voluntary accredited social health activists of the National Rural...
More »What does Congress stand for? by Arvind Subramanian
Larry Summers, the recently departed Chairman of US President Barack Obama’s National Economic Council, posed the following question before his trip to India last November: “What is the self-perception of the Congress as a political party?” In fact, this broad question provokes three specific ones in the domain of economics. Is the Congress the party of Jagdish Bhagwati or Amartya Sen; Nehru or Indira Gandhi; or Aruna Roy or Nandan...
More »The imbalance in gender budgeting by Bhumika Jhamb
The allocations earmarked for women as a proportion of the total Union budget outlay has gone up from 3% in 2007-08 (revised estimate) to 6.1% in 2010-11 (budget estimate) It will be seven years since the government, acknowledging a gender imbalance, introduced gender budgeting in 2005-06. Ever since then, the annual budget has been accompanied by a gender budgeting statement. An analysis of the last four Union budgets reveals two things....
More »Walking the fiscal tightrope by Laura Papi & James P Walsh
With India growing faster than almost every other large economy, the government is right to address its long-run challenges. The push for investment in infrastructure is bearing fruit and the expansion of social programmes such as the National Rural Employment Guarantee Act (NREGA) and the Right to Education Act (RTE) is spreading the benefits of growth across the population. But just as improved infrastructure doesn’t eliminate all traffic jams, rapid growth...
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