-The Telegraph New Delhi: The Demonetisation Demon will gouge India's economic growth in 2016-17 by at least half a percentage point, chief economic adviser Arvind Subramanian told reporters after presenting the Economic Survey a day before the Budget. Subramanian, who was voicing his views for the first time on the deeply polarising subject of demonetisation, rejected the dire prophecies of other Oracles, including his former employer, the International Monetary Fund, that projected...
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Union Budget 2017-18: Urgent Need for an Improved Farm Debt Waiver Scheme -Ishan Anand
-TheWire.in Despite all the talk of a big push to the agricultural sector, the last Union Budget turned out to be a missed opportunity to provide genuine relief to farmers. The government must rectify this. The finance minister will be presenting the Union Budget 2017-18 at a time when the agrarian economy is in deep crisis. The farmers of the country have been suffering from a longstanding neglect of the sector, which...
More »Will we miss the Budget opportunity? -Jayati Ghosh
-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...
More »Why I fear Union Budget 2017 -Yogendra Yadav
-Firstpost.com I fear this Budget. I fear that Finance Minister Arun Jaitley might announce an idea that I have liked and advocated: The idea of a Universal Basic Income. I fear it because Jaitley may use this label to justify something quite the opposite. In the process, he might ruin a good idea. Straws in the wind indicate that he might try something to this effect. Demonetisation was part of a grand...
More »Re-imagine agriculture: Here are 8 points Krishi Budget wants Jaitley to emphasise on the big day -Debobrat Ghose
-Firstpost.com Farmers’ body Jai Kisan Andolan, a movement of Swaraj Abhiyan, in association with various farmers’ organisations and unions has sought a complete overhaul of policy framework related to agriculture and all segments of rural primary production. In a first-of-such-kind effort in the country, Jai Kisan Andolan, led by Yogendra Yadav, will present an alternative Budget called ‘Krishi Budget’ on 1 February—the Union Budget Day-from a public platform called ‘Kisan Sansad’ at...
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