-Centre for Budget and Governance Accountability (CBGA), February 4, 2022 Since 2006, Centre for Budget and Governance Accountability (CBGA) has been bringing out an analysis of the Union Budget every year soon after its presentation in Parliament. This publication aims to facilitate an informed discussion on the Budget focusing both on revenue and expenditure aspects, particularly around the social sectors, agriculture, rural economy, climate actions and provisioning of Budgetary support for...

-Hindustan Times During the Union Budget presentation, finance minister Nirmala Sitharaman on Tuesday had announced that 2022-23 will be considered as the International Year of Millets. “Support will be provided for post-harvest value addition, enhancing domestic consumption, and for branding millet products nationally and internationally,” Sitharaman had said. The government’s assurance will boost states like Karnataka which has moved in the direction to diversify and incentivise production of these super foods. Please click...

-TheWire.in What you lose on the wings, you gain on the roundabouts.  With no other major growth investments or policy reforms in the Budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government’s growth strategy in Budget 2022. Stressing that “the virtuous cycle of investment requires public investment to crowd-in private investment” she took high moral ground to say that the “public investment must continue to take the lead and...

-Hindustan Times By prioritizing long-term growth via a capital spending push, the Budget has underplayed the need for urgent steps to boost short-term consumption demand. Immediate analyses of the Union Budget are always focused on the headline numbers which the document contains. While these numbers are important , it is essential to take a big picture view of the economy to examine the validity of the Budget’s larger premise. Such an exercise...

-The Hindu The government seems to have prioritised meeting its fiscal deficit targets rather than using this opportunity to signal a path of employment-centred and inclusive growth India continues to rank poorly in various global indices that reflect the quality of life, human capital or human development in the country, such as the Human Development Index (rank 131 out of 189 countries) and the Global Hunger Index (rank 101 out of 116...