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The budget’s dangerous philosophy -Harsh Mander

-Livemint.com The government relies on for-profit big business to deliver public goods despite their inability to deliver Can we listen to the budget as an annual public statement by the government of its economic and social philosophy and intent? The centre abandoned five-year plans that earlier laid down a road map of where government policies are headed. The budget, then, is an important reality check of whether the government is literally...

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Budget 2016: In the right direction -S Mahendra Dev

-The Indian Express Budget 2016 has a greater focus on the rural and social sectors. But the challenge will lie in improving delivery systems. Indian agriculture as well as the rural sector have been in distress in the last two years due to deficit rainfall and the decline in global commodity prices. The rural non-agriculture sector, too, has been under stress due to the lack of demand for manufacturing and services. It...

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Jaitley is Carrying Forward a Deeply Flawed Health Insurance Program -Subhashish Bhadra

-TheWire.in The message coming out of finance minister Arun Jaitley’s budget this year is that the rural economy is back at the heart of policy-making. One of the highlights of the budget was the announcement of the ‘Health Protection Scheme’, under which poor households will be provided with an annual cover of Rs. 1 lakh to protect them from health-related financial shocks. This marks a significant expansion of the Rashtriya Swasthya...

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Higher education is not just about funding -Ashish Nanda

-The Hindu Business Line The Budget outlay apart, an ambience of autonomy and a focus on soft skills are just as important The Budget identifies education as one of the key pillars of its agenda. It offers support on three dimensions — reach, infrastructure, and quality in higher education. Extend reach: The Budget aims to extend the reach of education. At the post-secondary level, it focuses on expanding skill development (by scaling up...

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A new paradigm for agriculture? -Ashwini K Swain and Gareth Price

-Livemint.com A growth-first approach may work in the short-term, but India needs to prioritize sustainability simultaneously The Union Budget 2016-17, seeking to “transform India”, has been hailed for its emphasis on agricultural growth and sustainability. Symbolically, the finance minister put “agriculture and farmers’ welfare” first in his nine-point agenda. The words “agriculture” and “farmer” found 20 and 32 mentions, respectively, in the budget speech, the highest in the last decade. On the...

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