-The Hindu Five years after the first canteen came up, the future of the pet project of the then Chief Minister Jayalalithaa hangs in balance due to reports of fall in patronage and mounting losses borne by civic bodies. Budgetary support and operational reforms may be necessary for a course correction Sekar. D was observing this newspaper’s team of reporters as he sat cross-legged on the tiled floor. Then, he abandoned his...
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'Formalising' the Economy: What's in It for Workers? -Karuna Dietrich Wielenga and Shashank Kela
-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...
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 »For India's Farmers, Budget 2018 Is Nothing but a Hoax -Kirankumar Vissa
-TheWire.in The finance minister has made a big announcement on minimum support price, but he should make it clear whether all he is promising is to take the prices back to the UPA-II levels. The government has done it again. Like last year, there has been much hype about a pro-farmer Budget, but in actuality it rests on misleading claims which don’t address the farming crisis. Last year, the agriculture credit target...
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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