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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,...

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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...

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Story of Budget 2021, in 9 charts -howindialives.com

-Livemint.com The Union government has finally stepped on the gas when it comes to spending. But after a temporary splurge in the rest of this fiscal year, the finance ministry will tighten its purse strings to bring down debt levels, the budget numbers suggest Even as countries across the world raised spending aggressively to counter the economic impact of the covid-19 pandemic, India had remained an outlier. Throughout the pandemic, the finance...

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The country should worry about further worsening of economic inequality in the post-COVID period

The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...

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Suspicion of ideological filtering at IIT helm -Basant Kumar Mohanty

-The Telegraph Appointment process for two directors has been cancelled 10 months after a committee held interviews and shortlisted the candidates The appointment process for two IIT directors has been cancelled 10 months after a committee headed by education minister Ramesh Pokhriyal held interviews and shortlisted the candidates, suggesting a higher authority is overriding the education ministry in the selection of academic leaders. “The cancellation of the process to appoint directors to IIT...

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