-The Indian Express Budget 2016 has a greater focus on the rural and social sectors. But the challenge will lie in improving delivery systems. Indian agriculture as well as the rural sector have been in distress in the last two years due to deficit rainfall and the decline in global commodity prices. The rural non-agriculture sector, too, has been under stress due to the lack of demand for manufacturing and services. It...
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Budget 2016: Behind the Symbolism
-Economic and Political Weekly The Modi government tries hard to signal a makeover but beyond the symbolic it does not change much. Budget 2016 is not important for the proposals that it has made but for what it tries to signal about the proposed makeover, in a limited way, of the Narendra Modi government. The budget does try hard to claim that the Modi government is not a “suit-boot” administration, an image...
More »Not so simple to drought-proof the farmer; stock up for dry days -Himangshu Watts
-The Economic Times Blog The massive increase in expenditure on irrigation in this year’s Budget has raised hopes that more water will flow into fields. This can drought-proof the farmer, increase crop output and lead to greater rural prosperity, which, in turn, will generate demand for all kinds of goods and services. So, everybody will live happily ever after. Not so simple. While higher spending on irrigation is a good beginning, a lot...
More »Aadhaar as money bill means less scrutiny, more haste -Zia Haq
-Hindustan Times New Delhi: It’s quite possible that in this Parliament session, India will make the transition from being a wasteful welfare state to a reformed economy that allocates scarce resources efficiently. The Modi government on Thursday introduced the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016. When signed into law, the bill will make Aadhaar -- the unique biometric identification number -- central to all social...
More »Pro-Farmer? It’s Just An Eye-Wash: Read NAPM’s Critique Of The Budget-2016
-Press Release from National Alliance of People’s Movements (NAPM) Government Running away from Responsibility: Pushing Farmers on edges Overlooked the need of majority of population, catering to few Political ‘Jumlas’ continues, ditching farmers once again under the garb of corporate regime; reduced responsibilities of public sector In recent times, announcement of the Union budget seems to be becoming a futile exercise, even with all the publicity and hype associated with it. We...
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