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Fiscal transparency jacks up ‘expenditure’ numbers in the Union Budget 2021-22

In order to understand why the Union Budget 2021-22 is being termed as ‘transparent’, it has to be read simultaneously with the 15th Finance Commission Main Report for 2021-26. But first, let us discuss 'fertilizer subsidy'. The budget documents for Union Budget 2021-22 show that the spending on ‘fertilizer subsidy’ was slashed from Rs. 1,33,947 crore in 2020-21 (revised estimate) to Rs. 79,530 crore in 2021-22 (budget estimate). However, the budgetary...

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Union budget fails to address 'urgent' spending needs in social SECtor: Oxfam

-Counterview.net Even as calling Finance Minister Nirmala Sitharaman’s budget “historic”, top international NGO Oxfam, pointing towards “some gaps” in it, “especially while addressing inequalities on the lines of caste, class, gender and occupation”, has regretted that the budget “does not address the urgent spending needs in the social SECtor, especially in health and education.” In a statement, Oxfam India quotes CEO stating that “the Union Budget 2021 has failed to address inequality...

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Govt. abdicated responsibility in ensuring social SECurity, says Right to Food Campaign -Jagriti Chandra

-The Hindu Major welfare schemes have faced cuts and deductions, it says. Instead of taking bold steps to counter rising hunger following the national lockdown last year, the Union Budget has responded by introducing “cuts and deductions” and “abdicating its responsibility in ensuring social SECurity,” the Right to Food Campaign said on Wednesday. According to an analysis, the allocations for important food and nutrition programmes such as the POSHAN (or ICDS scheme) and...

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Kerala to bring in ordinance issuing building permits based on self-declaration of owners

-The New Indian Express The building permit will be cancelled and a fine will be imposed if the details submitted by the owner or licensee in the declarations are found to be wrong THIRUVANANTHAPURAM: The state cabinet meeting has decided to bring in an ordinance to amend the Kerala Municipality Act 1994 and Kerala Panchayat Raj Act, 1994 in order to speed up the issuance of building construction permits. As per the...

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Union Budget 2021-22 has slashed funds for ICDS, mid-day meal scheme, MGNREGA & maternity entitlements

-Press released by Right to Food Campaign dated 3rd February, 2021 In its press release dated 3rd February, 2021, Right to Food Campaign has stated that the Union Budget 2021-22 reduced financial allocations for crucial social SECurity schemes such as the Integrated Child Development Services (ICDS), midday meals, maternity entitlements, and the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Please click here to access the press release. Kindly click here, here, here...

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