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Fiscal transparency jacks up ‘expenditure’ numbers in the Union Budget 2021-22

In order to understand why the Union Budget 2021-22 is being termed as ‘transparent’, it has to be read simultaneously with the 15th Finance Commission Main Report for 2021-26. But first, let us discuss 'fertilizer subsidy'. The budget documents for Union Budget 2021-22 show that the spending on ‘fertilizer subsidy’ was slashed from Rs. 1,33,947 crore in 2020-21 (revised estimate) to Rs. 79,530 crore in 2021-22 (budget estimate). However, the budgetary...

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166k students in Delhi fell off grid as schools moved online -Fareeha Iftikhar

-Hindustan Times The data, culled from the education department of Delhi, and civic bodies that run the municipal schools, shows that these children have simply fallen off the map -- the schools say they can’t trace them. Over 166,000 students in Delhi’s government and municipal schools are missing, the impact of education moving online as a result of the Covid-19 pandemic. The number is roughly 8.5% of the students enrolled in the...

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Crimes against SCs, STs increased in 2019: Govt tells Rajya Sabha

-PTI/ The Indian Express "Yes, sir," said Minister of State for Home Affairs Krishna Reddy when asked whether it is a fact that crimes against members of SCs and STs communities have increased by 7.3 per cent and 26.5 per cent respectively in 2019 as per the latest 'Crime in India-2019' report of the National Crime Records Bureau. The government on Wednesday told Rajya Sabha that crimes against members of Scheduled Castes...

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Agriculture infra cess may hit state revenues -Sayantan Bera

-Hindustan Times/ Livemint.com “There is an immediate need to improve agricultural infrastructure so that we produce more, while also conserving and processing agricultural output efficiently,” Nirmala Sitharaman said in her budget speech. The government on Monday introduced a new agriculture infrastructure development cess (AIDC) on petrol, diesel and several other imported items. Finance minister Nirmala Sitharaman assured it won’t place any additional burden on consumers. However, following the introduction of the cess, states...

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Bag of tricks -Jayati Ghosh

-The Telegraph The Union budget is an extended piece of fiction There is one central message of the Narendra Modi government to the people of India from Budget 2021-22: you will have to be ‘atmanirbhar’ because you’re on your own. The Central government does not have your back. In the midst of the worst health and economic crisis the country has faced since Independence, it will not protect you. It will not...

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