SEARCH RESULT

Total Matching Records found : 11496

What is the actual fiscal stimulus in the budget? -Roshan Kishore

-Hindustan Times Here are three charts which can help us understand this. If there is one point on which the Union Budget 2021-22 has received bipartisan praise, it is the fiscal transparency it has brought into budgetary calculations. By bringing hitherto uncounted expenditure heads into the budgetary numbers, and accounting for past dues, the budget has done away with the dubious practice of artificially underreporting the fiscal deficit numbers. While this is a...

More »

Govt. abdicated responsibility in ensuring social security, says Right to Food Campaign -Jagriti Chandra

-The Hindu Major welfare schemes have faced cuts and deductions, it says. Instead of taking bold steps to counter rising hunger following the national lockdown last year, the Union Budget has responded by introducing “cuts and deductions” and “abdicating its responsibility in ensuring social security,” the Right to Food Campaign said on Wednesday. According to an analysis, the allocations for important food and nutrition programmes such as the POSHAN (or ICDS scheme) and...

More »

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...

More »

Decoding the budget and the economics of welfare -Yamini Aiyar

-Hindustan Times Several announcements — a bad bank, the proposal for a development financial institution, and bank recapitalisation — aim at reforming the economy. But these will not respond to the structural inequalities caused by the pandemic Covid-19 is a crisis like no other. And, expectedly, it has wreaked havoc on the Government of India (GoI)’s financial arithmetic as it struggled to deal with collapsing tax revenues and increased expenditure pressures. Therefore,...

More »

Despite some hits, the Budget has crucial misses -R Nagaraj

-The Hindu That there is no targeted employment programme to alleviate the immediate crisis is a matter of concern The Budget, at its simplest, is the government’s tentative income and expenditure statement. Like all financial statements, the devil lies in the fine print. At its broadest, the Budget is a pious statement of the government’s policy and ideological intentions. It is also the government’s statement of how it seeks to tackle the...

More »

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close