-The Hindu Finance Bill provides for rise of Rs.5/litre While the Budget has effected a hike in the duties and cess on petrol and diesel amounting to Rs.2 per litre, the government has given itself the leeway for a further increase of levies by Rs.5 per litre, Revenue Secretary Ajay Bhushan Pandey said. While Finance Minister Nirmala Sitharaman had announced a Rs.1/litre increase in the Special Additional Duty (SAD) on petrol and diesel...
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Falling far short of the goal -CP Chandrasekhar
-The Hindu The rhetoric in the Budget of acceleRATed, inclusive and sustainable development receives only limited financial backing The general election is over and a new government has been formed. But the campaign does not seem to end. More than an hour of Finance Minister Nirmala Sitharaman’s maiden Budget speech was largely devoted to underlining what she claimed were the remarkable economic achievements of the previous government. Given that legacy, she presented...
More »A Budget that goes nowhere -C Rammanohar Reddy
-The Hindu It would seem that since the government is unable to catalyse domestic investment or fund public investment, it is now turning abroad to fuel growth Union Finance Minister Nirmala Sitharaman is mistaken if she thinks her first Budget is going to revive a slowing economy. The economy grew by just 5.8% in real terms in the last quarter of 2018-19. Yet, the Union Budget for 2019-20 assumes that the economy will...
More »Primary schools: Merger muddle -Abinash Dash Choudhury
-Frontline.in The mergers of small primary schools with low enrolment RATes with bigger ones may have saved money for the Jharkhand government, but it has wreaked havoc on the lives of children in remote areas who find it difficult to commute to their new schools. It is a little past seven in the morning, time for children to get ready for school. But for nine-year-old Phoolmati Kumari, in Tengrapathar village of Jharkhand’s...
More »How Effective Have NDA's SC/ST Budgets Been? An Analysis of the Last Five Years -N Paul Divakar, Adikanda Singh, Juno Varghese and Beena Pallical
-TheWire.in There is a serious problem when it comes to both allocation and implementation of schemes for SC/ST development. People who fall under Scheduled Caste (SC) and Scheduled Tribe (ST) groups constitute 25% of India’s total population. As we approach NDA 2.0’s first budget announcement, it is crucial to examine the policy and practice of its SC/ST budgets over the last five years. It is well established that both groups of people have...
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