-Livemint.com While there have been some positives, including the reforms on political funding, the real test of the budget was the ability to manage spending to revive the economy This was the fourth budget of the National Democratic Alliance (NDA) government. Coming at a time when the world around is full of unCERTainties, more was expected from the budget than what has been delivered. The domestic unCERTainty is CERTainly the outcome of demonetisation....

-NDTV The rock-star days are back for Chief Economic Advisor Arvind Subramanian, who had maintained a studied silence ever since India scored an economic self-goal over his head on 8 November 2016. His ambitious Economic Survey, released on Tuesday, includes a much-awaited presentation of the Finance Ministry's thinking on Universal Basic Income (UBI). Contrary to some media reports, the Survey does not advocate a specific plan for UBI in India. Rather,...

-The Pioneer Centre must come up with a national policy The Supreme Court’s intervention for the lack of a national policy to help calamity-hit farmers is welcome. Regardless of what we have at the moment for them, the country's bread-earners must be offered all possible support to strengthen the economy. While taking up a number of public interest litigations, the apex court found that the Government had no policy to tackle the...

-The Indian Express Post-demonetisation, a reversal of the slowdown would require enhanced public spending. It doesn’t appear to be forthcoming. Given the economic unCERTainty around the world and the demonetisation-induced domestic downturn in the Indian economy, preparing this year’s Union budget was never going to be an easy task. But the Modi government seems determined to make its task harder. It has managed to generate expectations — that will almost inevitably remain...

-The Hindu The idea of a basic income is not new. The first known suggestion on an unconditional universal basic income for all adults regardless of other income sources was from Thomas More. Centuries later, in 1918, Bertrand Russell discussed a basic income sufficient for necessities as central to the social model combining the advantages of anarchism and socialism that he argued for in Proposed Roads to Freedom. “A CERTain small...