-The Indian Express Finance Commission has taken a judicious approach in weighing competing needs of Centre and states The terms of reference of the 15th Finance Commission were controversial and contentious. Several state governments had raised concerns over what they saw as attempts by the Centre to claw back the fiscal space and autonomy extended to them by the 14th Finance Commission. The concerns centred not only on the vertical (between Centre...
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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...
More »Budget, like farm laws, is marred by gap between intentions of government and ground realities of agriculture -Ajay Vir Jakhar
-The Indian Express Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has constantly declined from 0.31 per cent of the gross value added of agriculture and allied activities in 2011-12 to 0.24 per cent now Seven years of low crude prices, five years of above normal monsoon topped by good agriculture production, and everything looked positive for a...
More »Crimes against SCs, STs increased in 2019: Govt tells Rajya Sabha
-PTI/ The Indian Express "Yes, sir," said Minister of State for Home Affairs Krishna Reddy when asked whether it is a fact that crimes against members of SCs and STs communities have increased by 7.3 per cent and 26.5 per cent respectively in 2019 as per the latest 'Crime in India-2019' report of the National Crime Records Bureau. The government on Wednesday told Rajya Sabha that crimes against members of Scheduled Castes...
More »What is the actual fiscal stimulus in the budget? -Roshan Kishore
-Hindustan Times Here are three chARTs which can help us understand this. If there is one point on which the Union Budget 2021-22 has received bipARTisan praise, it is the fiscal transparency it has brought into budgetary calculations. By bringing hitherto uncounted expenditure heads into the budgetary numbers, and accounting for past dues, the budget has done away with the dubious practice of ARTificially underreporting the fiscal deficit numbers. While this is a...
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