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Reclaiming the Republic: Civil society group sets agenda for poll

-The Hindu Invites political parties for discussion; Congress, RJD and NCP agree to participate so far As political parties prepare their election manifestos and promises, a group of civil society leaders and concerned citizens on Tuesday released a document, Reclaiming the Republic, which they hope will shape the political agenda in the run up to the Lok Sabha poll. The comprehensive list includes judicial and electoral reforms, repeal of laws which threaten personal...

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Full Budget against Constitution: Yashwant Sinha

-The Hindu ‘Economic Survey also against norms’ New Delhi: If the Narendra Modi government presents a full Budget instead of a vote-on-account, it will not only be improper but also unconstitutional, former Finance Minister Yashwant Sinha said on Monday. “No Finance Minister has presented a Finance Bill in a vote-on-account session. If this government does that, it will be the first time and it will be in direct contravention of the Constitution,”...

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The mistaken obsession with the fiscal deficit -CP Chandrasekhar and Jayati Ghosh

-Networkideas.org It’s that time of year again – the time when all eyes turn to those magic numbers, the actual and proposed fiscal deficits of the central government as shares of GDP. Breathless news anchors will interrogate financial investors on what the numbers mean, and why 3.5 per cent or 3.7 per cent is fatally worse than, say, 3.4 per cent or 3.2 per cent or less. Everyone will breathe a...

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Explained: What's the difference between a full Budget and an interim Budget? -Shaji Vikraman

-The Indian Express Budget 2019: At the end of its term, a government usually presents a vote on account rather than a full Budget. What is the difference? A look at what interim Budgets have covered over the years, or left for the next government. Chennai: On February 1, the government is set to present its last Budget ahead of the elections. Conventionally, a government at the end of its term...

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Will the Centre present a 6th 'full budget'? Congress worried

-The Hindu Business Line ‘Centre has presented 5 full-fledged Budgets, does not have the legitimacy for a sixth’ The Congress alleged on Thursday that the Centre is planning to present a full-fledged Budget violating all Parliamentary conventions, procedures and traditions. It maintained that the Narendra Modi government neither has the “electoral mandate” nor the “electoral legitimacy” to present six full Budgets in five years. Talking to reporters, former minister and senior Congress spokesperson...

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