-Hindustan Times Gross domestic product (GDP) statistics are released at both current and constant prices. The latter discounts inflation (more on this later) from the base year of the current GDP series. Let’s assume it takes a tonne of steel to build half a kilometre of road. Let’s also assume steel costs ₹1,000 a tonne and there is a tax of 10% on steel. Now, if steel prices doubled in a year,...

-The Hindu Business Line Agriculture is too diverse a subject for it to be compressed into a sub-section of the regular Budgets of the Centre and States During the last five years, the Budget allocation to agriculture has seen positive shifts consistent with the Centre’s role in research, marketing, exports, and agricultural education. In the light of the farm reform Bills’ repeal, is it not the right time to formulate a separate...

-Centre for Budget and Governance Accountability (CBGA) Given that one of the biggest casualties of the pandemic and the ensuing lockdown have been the loss of jobs and livelihood, this paper examines what the impact has been on the socially disadvantaged groups such as Dalits and Adivasis. It then analyses the Union Government's policy response and attempts to understand whether these measures were adequate to ameliorate the livelihood crisis. Please click here...

-TheWire.in The campaign emphasised how the proposed NEP will result in Budget cuts, elimination of reservations for the marginalised, fee hikes and a further rise of contractualisation and privatisation in higher education. New Delhi: More than 150 students, teachers and eminent public personalities on December 24 attended a nationwide 50-day campaign against the National Education Policy (NEP) at the Press Club of India (PCI) in the national capital. The PCI conference emphasised how...

-Business Standard This is a move that has been hailed by economists and policy-watchers as it makes Budgeting a more transparent process Union Finance Minister Nirmala Sitharaman, in this year’s Budget speech, had said that she would discontinue extra-Budgetary resources (EBR) funding for the Food Corporation of India, in a continued bid to clean up the central government’s balance sheet and end below-the-line accounting. As a result, the EBR provision for 2021-22...