-The Hindu The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms The Finance Minister’s job is a greatly coveted one but no politician would want to be in Nirmala Sitharaman’s shoes today. The Indian economy has slowed to a 5% crawl. The financial system is under considerable stress. Assumptions about tax revenues have gone awry. The clamour...
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Explained: How the government plans to reboot the economy with this budget -Udit Misra
-The Indian Express Boosting consumption by leaving people with higher disposable incomes is the key strategy The fine print of the Union Budget for 2020-21 notwithstanding, the central strategy of the government seems to be to boost the disposable incomes of the Indian consumers. * What was the problem slowing down the economy? Typically, there are four engines of GDP (gross domestic product) growth. These are as follows: Consumption of the private individuals (or...
More »Refrain within BJP: Economy big worry, may spill onto streets -Ravish Tiwari
-The Indian Express The BJP leaders, however, said they hope the Budget may be able to instill some confidence and arrest the current downward slide. While the BJP has publicly ratcheted up heat against CAA-NPR-NRC protests with an eye on Delhi elections, several responsible functionaries within the party and the government privately acknowledge that economic slowdown as the real concern. “The biggest fear is if growth doesn’t pick up, it will spill onto...
More »Budget 2020: You did promise jobs, Mr. Modi, didn't you? -Subodh Varma
-Newsclick.in Will this Budget give any signal that the government is tackling the deadly jobs crisis? Budgets usually don’t address big systemic issues. After all, they only arrange for government revenue and expenditure for one year. But, if the water is flowing over your head, a Budget could very well give a strong signal of beginning something. It could open the door to policy changes, and declare a determined political intent. The raging...
More »Centre should implement land reforms to prevent farmer suicides: Mahila Kisan Adhikaar Manch -Ritwika Mitra
-The New Indian Express Activists said women’s lack of visibility as farmers due to lack of land ownership is not reflected in the farmer suicide numbers published by the states. NEW DELHI: The government should implement land reforms on a priority basis in order to prevent farmer suicides, said Mahila Kisan Adhikaar Manch (MAKAAM), a forum fighting for the rights of women farmers. Activists said women’s lack of visibility as farmers due to...
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