-The Indian Express While the government has failed to deliver what was promised through the main budget and subsequent mini-budgets, estimates for next year also point to missed opportunities to use fiscal measures to revive the ailing economy. Expectations from Budget 2021 were high. Unsurprisingly so, for an economy battered by two years of slowdown, with a pre-pandemic annual growth rate of 4 per cent being a decadal low and the subsequent...
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This Year's Budget Is Critical to Ensure a Comprehensive Nutrition Response -Happy Pant
-TheWire.in One of the most disturbing effects of the pandemic has been on the nutritional needs of the disadvantaged. The Budget needs to prioritise addressing this issue. The pandemic led disruptions of nutrition services have exacerbated India’s existing burden of undernutrition. Children did not get the mid-day meals and supplementary nutrition under the anganwadi services scheme they were registered under. Critical health services like immunisation, iron-folic acide and calcium supplementation, treatment of...
More »China still ‘largest source of critical items’ for India -Ananth Krishnan
-The Hindu India is working on a multi-pronged strategy to reduce this reliance. China still remains the largest source of critical imports for India, from Mobile phone components to pharmaceutical ingredients, and India is working on a multi-pronged strategy to reduce this reliance, which is a bigger concern than the imbalance in trade. “The trade deficit is not in dollars, it is in overdependence,” said Sanjay Chadha, Additional Secretary in the Ministry of...
More »Wrecking Fiscal Federalism -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org India’s Constitution puts the bulk of responsibility for the basic goods and services to be provided to citizens on to state governments. That is also why it mandated that independent Finance Commissions be appointed every five years to determine the distribution of tax revenues between Centre and the various states. Successive Finance Commissions (FCs) have also recognised that state governments necessarily require more resources to fulfil their obligations, which is...
More »Don’t laugh at US so soon, it has survived its populist moment far better than rest of us -Mihir Sharma
-ThePrint.in In comparison to countries such as Russia, Turkey, Hungary, India, American institutions (media and judiciary) have demonstrated their value and resilience In much of the world, the sight of a Mob storming the United States Capitol to keep their leader in office was met not just with horror but with, let’s face it, schadenfreude. Finally! The U.S., which has for decades lectured other democracies about their imperfections and failures, had an...
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