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Budget 2017 Disappoints, Maternity Benefit Programme Underfunded, Excludes Those Who Need It The Most -Dipa Sinha

-NDTV According to the World Health Statistics (2016), nearly 5 women die every hour in India due to pregnancy and delivery related complications. 17 per cent of maternal deaths in the world occur in India. Based on the data from the Rapid Survey on Children (2013), only 65 per cent of children are exclusively breastfed up to six months of age. Infant and child mortality rates are high as well. Child...

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How the Krishi Kalyan Cess funded flagship schemes for farmers -Sayantan Bera

-Livemint.com Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17 New Delhi: Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17, budget documents presented in the parliament on Wednesday showed. The central government is spending money from this corpus...

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Such Incredibly Accurate Revenue Budget Estimates? -Anuj Srivas

-TheWire.in Were the Budget Estimates for corporation and income taxes in 2016-17 a good coincidence or were they supposed to have been be qualified with a note? New Delhi: For the first time in at least ten years, the Budget Estimates (BE) of India’s corporate tax and income tax revenue receipts have exactly matched their corresponding revised estimates (RE) – give or take a couple of decimal points. A key part of every...

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Budget 2017: High on rhetoric, low on delivery -Himanshu

-Livemint.com While there have been some positives, including the reforms on political funding, the real test of the budget was the ability to manage spending to revive the economy This was the fourth budget of the National Democratic Alliance (NDA) government. Coming at a time when the world around is full of uncertainties, more was expected from the budget than what has been delivered. The domestic uncertainty is certainly the outcome of demonetisation....

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Will we miss the budget opportunity? -Jayati Ghosh

-The Indian Express Post-demonetisation, a reversal of the slowdown would require enhanced public spending. It doesn’t appear to be forthcoming. Given the economic uncertainty around the world and the demonetisation-induced domestic downturn in the Indian economy, preparing this year’s Union budget was never going to be an easy task. But the Modi government seems determined to make its task harder. It has managed to generate expectations — that will almost inevitably remain...

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