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Jal Shakti ministry needs to make urgent course corrections for paradigm shift in water management -Mihir Shah

-The Indian Express The FM has rightly spoken of a “focus on integrated demand and supply side management of water at the local level, including source sustainability and management of household wastewater for reuse in agriculture”. India is not a water-short country. We have merely managed our plentiful water very poorly. What we need, therefore, is a paradigm shift in policy. Could the finance minister (FM) be said to have risen to...

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Union Budget: At the bottom of the page lie Nirmala's deficit secrets -Devadeep Purohit

-The Telegraph Sitharaman spun a narrative, listed some intent but did little to give the economy a much-needed push The nation had swooned over Narendra Modi’s Mazboot Bharat narrative in April-May, giving the BJP a thumping victory in the Lok Sabha polls. The success of the saffron camp in spinning narratives was in full display on Friday when Nirmala Sitharaman rose to present the Union budget 2019-20 that the ruling dispensation in...

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Promises and Priorities - An Analysis of Union Budget (2019-20) -CBGA

-Centre for Budget and Governance Accountability (CBGA) Centre for Budget and Governance Accountability (CBGA) brings out a draft version of this publication within 24 hours of the presentation of Union Budget in Parliament every year. The objective of this publication is to facilitate an informed discussion on the Union Budget, particularly around social sectors, agriculture, employment and vulnerable sections of the population. 2019 being the general election year, our Parliament witnessed two...

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More of the dismal same -Prabhat Patnaik

-The Indian Express The budget needed to break new ground, provide a thrust to a slowing economy. This budget lacks innovation. Economics has never been a strong point of the NDA government. Its only two major economic forays, demonetisation and the GST, have both turned out to be pretty disastrous. It was futile, therefore, to expect much from the Union Budget for 2019-20. Even so, one is surprised by the budget’s...

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A Budget that goes nowhere -C Rammanohar Reddy

-The Hindu It would seem that since the government is unable to catalyse domestic investment or fund public investment, it is now turning abroad to fuel growth Union Finance Minister Nirmala Sitharaman is mistaken if she thinks her first Budget is going to revive a slowing economy. The economy grew by just 5.8% in real terms in the last quarter of 2018-19. Yet, the Union Budget for 2019-20 assumes that the economy will...

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