-The Hindu Rs. 35,399.40 crore spent from ₹78,521.24 crore collected, Minister tells Lok Sabha in written reply Over half the amount collected in the form of a cess on construction projects to fund welfare schemes for workers has not been utilised so far, the Labour and Employment Ministry informed the Lok Sabha on Thursday. The cess, collected under the Building and Other Construction Workers’ Welfare Cess Act, 1996, is supposed to be used...
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How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg
-TheWire.in What you lose on the wings, you gain on the roundabouts. With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government’s growth strategy in Budget 2022. Stressing that “the virtuous cycle of investment requires public investment to crowd-in private investment” she took high moral ground to say that the “public investment must continue to take the lead and...
More »Three questions which capture India’s medium-term economic challenge -Roshan Kishore and Vineet Sachdev
-Hindustan Times By prioritizing long-term growth via a capital spending push, the budget has underplayed the need for urgent steps to boost short-term consumption demand. Immediate analyses of the Union Budget are always focused on the headline numbers which the document contains. While these numbers are important , it is essential to take a big picture view of the economy to examine the validity of the budget’s larger premise. Such an exercise...
More »There is a discourse shift in Uttar Pradesh -Zoya Hasan
-The Hindu Economic hardship, chronic unemployment and farm distress appear to be at the centre of public discussion The Uttar Pradesh elections of 2022 are the most important Assembly elections in living memory. The poll outcome in India’s weightiest State will be a crucial metric of public sentiment ahead of the 2024 Lok Sabha election. Uttar Pradesh invites attention not merely because of its size but right now because of its centrality...
More »It’s Been Two Years Since the Poster Child of UP’s Farming Success Story Quit Active Farming -Ajoy Ashirwad Mahaprashasta
-TheWire.in Subhrant Shukla once made news for leaving a corporate job for agriculture and introducing progressive practices to farming. Now he is besieged by losses and is no longer wearing 'saffron-tinted glasses'. Lakhimpur Kheri: Subhrant Shukla’s Facebook cover image, announces, “Haan, main kisaan hoon (‘Yes, I am a farmer’)”. Except he quit professional farming two years ago after running into severe losses over the last few years. “I was a proud farmer but...
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