-The Indian Express It pointed out that fellowships and scholarships for PhD and post-doctoral courses have constantly declined since 2014-15 - from Rs 602 crore to Rs 283 crore in 2019-20 for SC students and from Rs 439 crore to Rs 135 crore for ST students. New Delhi: The funding for secondary and higher education of Scheduled Caste (SC) and Scheduled Tribes (ST) students has received a setback in the Union...
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Budget 2019: Over 38% Cut In Funds For RTI Propagation
-PTI Finance Minister nirmala sitharaman announced an allocation of Rs 5.5 crore for the 'CIC and RTI' as compared to Rs 9 crore allocated in the Budget for 2018-19, a dip of Rs 3.5 crore or about 38.8 per cent. Funds for propagation of the right to information have been slashed by over 38 per cent in the Union Budget 2019-20 as compared to last fiscal's allocation. Finance Minister nirmala sitharaman announced an...
More »Budget 2019 Sorely Lacks a Coherent Vision for Long-Term Growth -MK Venu
-TheWire.in While nirmala sitharaman's maiden budget hit all the right political notes, its fiscal math is far fuzzier. The first budget of the Narendra Modi government 2.0 is very high on political rhetoric around empowering the poorest in ‘New India’, but does not have a clear road map of how a fully-funded welfare state will be sustained without a robust revival in growth, based on the twin engines of investment and consumption...
More »Falling far short of the goal -CP Chandrasekhar
-The Hindu The rhetoric in the Budget of accelerated, inclusive and sustainable development receives only limited financial backing The general election is over and a new government has been formed. But the campaign does not seem to end. More than an hour of Finance Minister nirmala sitharaman’s maiden Budget speech was largely devoted to underlining what she claimed were the remarkable economic achievements of the previous government. Given that legacy, she presented...
More »A Budget that goes nowhere -C Rammanohar Reddy
-The Hindu It would seem that since the government is unable to catalyse domestic investment or fund public investment, it is now turning abroad to fuel growth Union Finance Minister nirmala sitharaman is mistaken if she thinks her first Budget is going to revive a slowing economy. The economy grew by just 5.8% in real terms in the last quarter of 2018-19. Yet, the Union Budget for 2019-20 assumes that the economy will...
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