-The Economic Times NEW DELHI: Investors may be losing sleep over the re-entry of long-term capital gains tax on equities, but analysts feel that the worrylines are actually running deeper than you realise. The mega ambitious healthcare scheme announced in the Union Budget on Thursday is one such point of concern -- which aims to benefit 10 crore poor families for secondary and tertiary care hospitalisation. Sceptics are having a field day,...
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Union budget shows "no concern" for hunger, malnutrition, rural distress, reduces maternal benefit allocation
-Counterview.net Calling the 2018-19 Union budget "highly disappointing", the top advocacy group, Right to Food Campaign (RFC), in a comprehensive analysis, has said, it has "miserably failed to respond to the present situation of rural distress and mass unemployment", adding, "Despite a spate of starvation deaths in different parts of the country, the budget makes no mention of hunger or malnutrition." Thus, RFC says, "There was some hope that the budget would...
More »Budget 2018: Kiska Saath, Kiska Vikas? -N Paul Divakar
-TheWire.in The Dalit and Adivasi community’s analysis of the budget shows gross under allocation – only 50.7% has been allocated towards targeted schemes for SCs and 51.24% for STs. On the 26th January 1950, we are going to enter into a life of contradictions. In politics we will have equality and in the social and economic life we will have inequality. In politics we will recognize the principle of one man one...
More »Agriculture: Budget promises MSP 50% above cost, doesn't define which cost -Harish Damodaran
-The Indian Express Whether it is the Budget, the Swaminathan formula or the BJP manifesto, none of them has quite defined what really constitutes “cost of production”. And therein lies the nub. The Union Budget for 2018-19 has promised to fix minimum support prices (MSP) for crops to guarantee farmers at least 50 per cent returns on production costs. This is quite similar to the original recommendation of the M S Swaminathan-headed...
More »For India's Farmers, Budget 2018 Is Nothing but a Hoax -Kirankumar Vissa
-TheWire.in The finance minister has made a big announcement on minimum support price, but he should make it clear whether all he is promising is to take the prices back to the UPA-II levels. The government has done it again. Like last year, there has been much hype about a pro-farmer Budget, but in actuality it rests on misleading claims which don’t address the farming crisis. Last year, the agriculture credit target...
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