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Budget 2019: Behind Chest Thumping, Cuts in Welfare and Silence on Jobs -Subodh Varma

-Newsclick.in The Interim Budget granted a paltry Rs 500 per month to farmers as relief, fund cuts for dalits, adivasis and minorities, and was silent on agricultural and industrial workers. It was the theatre of absurd in the Lok Sabha on Friday as replacement Finance Minister Piyush Goyal presented the Interim Budget through an election speech, tom-tomming the so-called achievements of the Narendra Modi government over the past five years, offering an...

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Modi Launches a Startling Pre-Election Budget, Massaged by Creative Accounting -Jayati Ghosh

-TheWire.in The aggregate macroeconomic impact of this Budget cannot really be assessed, since the actual fiscal stance is now so opaque. Let’s get one thing clear. This is not an interim Budget, whatever the government finally agreed to call it. The sweeping promises made on both expenditure and taxation fronts are well beyond the limited minor changes that are supposed to be allowed in a vote-on-account or interim Budget. For a government that...

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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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Those we take for granted -Kiran Bhatty & Dipa Sinha

-The Indian Express Anganwadi workers, teachers, nurses are paid low salaries, their work devalued Frontline workers providing basic services through various government programmes form the backbone of the country’s social welfare system. India’s ability to achieve its SDGs or to have a healthy skilled workforce that contributes towards economic progress or social and human development depends to a large extent on the performance of teachers, nurses, anganwadi workers, panchayat secretaries and...

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Moving away from 1% -Soumitra Ghosh

-The Hindu Sluggish health spending can be reversed with a substantial increase in the allocation for health in the Union Budget India’s neighbours, in the past two decades, have made great strides on the development front. Sri Lanka, Bangladesh and Bhutan now have better health indicators than India, which has puzzled many. How could these countries make the great escape from the diseases of poverty earlier than their much bigger neighbour? India’s...

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