During budget presentations, budget documents, which are provided, carry updated data and information related to various departments and ministries of the Central Government such as on revenues, expenditures, deficits etc. Recently economists like Dr. Rathin Roy and Prof. Jayati Ghosh have expressed concerns about the Ministry of Finance for not uploading updated and appropriate budgetary data and figures on the website www.indiabudget.gov.in following the 2019-20 Union Budget presentation by the...
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Former CEA rubbishes government arguments; sticks to claim of India overestimating GDP growth
-PTI In a new paper 'Validating India's GDP Growth Estimates', Arvind Subramanian said he had indicated his doubts on the growth numbers in the Economic Survey in 2015 as well as mid-year Economic Analysis. New Delhi: Sticking to his analysis that India’s economic growth has been overestimated, Arvind Subramanian said he had raised doubts about the GDP numbers in 2015 when he was the chief economic adviser of the Modi government...
More »The escape from freedom -Avijit Pathak
-The Indian Express Normalisation of surveillance destroys what sustains a civilisation — human interaction filled with trust, care. Even though Delhi Government’s decision to install CCTV cameras in school classrooms has generated an interesting debate, it is Important to see beyond the classrooms, and reflect more intensely on the meaning of living in a society that normalises and sanctifies surveillance. As an ideology that seeks to become hegemonic, the practice of surveillance...
More »Creating a fair digital payments market -Padmashree Gehl Sampath
-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily piloted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...
More »Ecological perils of discounting the future -Kalvakuntla Kavitha
-The Hindu With growing environmental distress, policymakers cannot shy away from adopting best eco-management practices In a report last year, the Comptroller and Auditor General of India (CAG) called the Chennai floods of 2015 a “man made disaster”, a pointer to how the encroachment of lakes and river floodplains has driven India’s sixth largest city to this ineluctable situation. The Chennai floods are a symbol of consistent human failings and poor urban...
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