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Explained: What ails the credibility of India's Budget numbers -Udit Misra

-The Indian Express Advancing the Union Budget by a month has not helped fiscal marksmanship In the FIRst part of this series on the Union Budget, we explained how the nominal Gross Domestic Product (which is the market value of all goods and services produced within the domestic boundaries of India) is the key number that determines the shape and form of the Union Budget. In short, the nominal GDP for the current...

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Newly launched India Data Portal could be a credible resource for journalists

-Newslaundry.com It’s a repository of public datasets on Indian agriculture and socioeconomic indicators and, going forward, on financial inclusion and rural development. Data, they say, is the new oil. It undergirds much of the modern economy and, increasingly, the polity. There’s hardly a socioeconomic sector that big data doesn’t drive today, from the cutting edge of scientific research and technology to the mundane chore of buying groceries. The sheer volume of...

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Decoding the Priorities: An Analysis of Union Budget 2020-21 -CBGA

-Decoding the Priorities: An Analysis of Union Budget 2020-21, Centre for Budget and Governance Accountability (CBGA), February 2020 The publication presents an analysis of the priorities in Union Budget 2020-21, both on public expenditure and resource mobilisation front. It has been divided broadly into five chapters. The FIRst chapter focuses on a host of important aspects under Resource Mobilisation, like domestic tax policy, international taxation policy, financial transparency, and Centre-State...

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Structural tailbacks of Indian agriculture and exclusionary PM-KISAN scheme: an analysis -Santosh Verma

-Vikalp.ind.in The NDA government brought a new scheme the Prime Minister Kisan Samman Nidhi (PM-KISAN) that became operational from 1st December 2018. It aimed to provide small and marginal farmers (SMFs) financial assistance to procure various inputs to ‘ensure proper crop health and appropriate yields’. It also aimed to protect these farmers from middlemen and moneylenders. SMFs were defined as the farmer families who collectively own cultivable land upto 2 hectares....

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A Union Budget for no one -Surajit Das

-Newsclick.in The poor, salaried, businesspersons -- all are unhappy. For, the underlying macroeconomics is wrong – the finance minister is trying to solve the aggregate demand problem by supply-side economics. The annual budget of the Union government was placed in Parliament on the February 1, 2020. In the very beginning of her second budget speech, finance minister Nirmala Sitharaman mentioned that “this is the Budget to boost their (people of India) incomes...

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