-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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With little allocation for agriculture, budget sends a worrying signal -Ashok Gulati
-The Indian Express One notable thing was the absence of emphasis on doubling farmers’ real incomes by 2022. Perhaps the reality that this is an uphill task has dawned on the government — it may not achieve even half the target. In her first budget speech, Finance Minister Nirmala Sitharaman reminded us of the famous quote from M K Gandhi, that the “soul of India lives in villages”. She also said...
More »Falling far short of the goal -CP Chandrasekhar
-The Hindu The rhetoric in the Budget of accelerated, inclusive and sustainable development receives only limited financial backing The general election is over and a new government has been formed. But the campaign does not seem to end. More than an hour of Finance Minister Nirmala Sitharaman’s maiden Budget speech was largely devoted to underlining what she claimed were the remarkable economic achievements of the previous government. Given that legacy, she presented...
More »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...
More »How Effective Have NDA's SC/ST Budgets Been? An Analysis of the Last Five Years -N Paul Divakar, Adikanda Singh, Juno Varghese and Beena Pallical
-TheWire.in There is a serious problem when it comes to both allocation and implementation of schemes for SC/ST development. People who fall under Scheduled Caste (SC) and Scheduled Tribe (ST) groups constitute 25% of India’s total population. As we approach NDA 2.0’s first budget announcement, it is crucial to examine the policy and practice of its SC/ST budgets over the last five years. It is well established that both groups of people have...
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