-TheWire.in The Modi government’s attempts to reshape the economy lie entirely in the financial realm; they come on the back of concerted efforts to strip workers of legal protection in not just the informal sector, but also the formal. The Narendra Modi government has made two major interventions in the economic sphere, demonetisation and the Goods and Services Tax (GST), with the ostensible aim of expanding the formal sector at the expense...
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Union Budget 2018-19: An exercise in jugglery of numbers, say civil society groups
-Press Release by National Alliance of People's Movements (NAPM) New Delhi: Calling this year’s union budget ‘just an exercise in manipulation of numbers,’ veteran activist Medha Patkar asked, “When the major decisions like the demonetisation and GST are taken between two budgets then what’s the relevance of the Budget?,” at a panel discussion on the analysis of this year’s union budget with a special focus on Handloom, Fisheries, Dalits, Adivasis, Forest,...
More »'Of Hits and Misses: Analysis of Union Budget 2018-19' -CBGA
-Centre for Budget and Governance Accountability (CBGA) Union Budget 2018-19 is the fifth and the final full-year budget of the current ruling dispensation. The major plank on which this government was elected in 2014 with an exceptional mandate were issues of development related to reducing corruption, generating meaningful employment opportunities, tackling inflation (especially food inflation, an issue plaguing the economy at that point of time), reducing inequality, and pushing the economy...
More »Budget 2018: Kiska Saath, Kiska Vikas? -N Paul Divakar
-TheWire.in The Dalit and Adivasi community’s analysis of the budget shows gross under allocation – only 50.7% has been allocated towards targeted schemes for SCs and 51.24% for STs. On the 26th January 1950, we are going to enter into a life of contradictions. In politics we will have equality and in the social and economic life we will have inequality. In politics we will recognize the principle of one man one...
More »Where's the money, Mr Jaitley? -Jayati Ghosh
-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
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