-Livemint.com Whether the present Modi-led NDA government can live up the legacy of high capital expenditure by the Vajpayee government is the big question Arun Jaitley presented his fourth budget on 1 February 2017. This budget would be remembered for historical breaks from its predecessors due to dropping of plan versus non-plan expenditure categories, merging of railway budget into Union budget and advancing of budget date by a month etc. While these are...
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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) &NDAsh; give or take a couple of decimal points. A key part of every...
More »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....
More »Budget 2017: Lowering Cash Limit for Political Donations Farcical, Say RTI Activists -Gaurav Vivek Bhatnagar
-TheWire.in Many feel the move is pointless as lowering the disclosure limit requires an amendment to the Representation of Peoples Act, which remains unchanged. Several RTI activists have dismissed finance minister Arun Jaitley’s announcement that cash donations to political parties will now be capped at Rs 2000, down from the earlier limit of Rs 20,000. They have questioned the intent behind the decision &NDAsh; it is meant to increase transparency and accountability...
More »Child malnutrition on rise but funding falters -Komal Ganotra
-Down to Earth Almost 40 per cent of India's population is minor but the budget allocated to them is a meagre four per cent of the Union budget It was a mid-winter morning when we first met her at the anganwadi centre of Mai, a small village by the bank of the River Ganga in Bihar’s Munger district. The breakfast session at the anganwadi centre was just over, though some of the...
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