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Direct action from the Budget mandates must reflect ground realities -Purvi Mehta

-The Economic Times blog In every Union Budget presentation, agriculture is given a place of prominence. This is not surprising, given that 50% of India’s population is dependent on agriculture. Budget 2017 was no different. Both the Economic Survey and the Budget speech stressed heavily on improving agricultural infrastructure and augmenting farmer incomes. The key drivers expected to set this off are areas such as investment in irrigation infrastructure, development of mandis...

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Aadhaar linked to mid-day meal: Why put the burden on children? -Kiran Bhatty and Dipa Sinha

-Hindustan Times The last few weeks have seen a spate of government notifications making Aadhaar mandatory for receiving the benefits of government programmes. The most recent orders relate to an Aadhaar requirement for children to access schools (even under their fundamental right to education), mid-day meals, supplementary nutrition (ICDS) and scholarships. These directives raise a number of ethical as well as practical questions, besides violating children’s right to education, nutrition and...

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Delhi Govt presents Rs. 48,000-cr Budget for 2017-18

-PTI New Delhi: A Rs. 48,000-crore Budget for the national capital was presented today by the AAP Government, laying major focus on improving transport, health, water distribution and education infrastructure. In its third Budget, the Arvind Kejriwal Government abolished the Plan and non-Plan expenditure heads and presented it in terms of revenue and capital classification in line with the Centre’s decision. There was no proposal on levying any new tax. 'Outcome budget' In a first,...

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Welcome push to rural India's aspirations -Harsh Kumar Bhanwala

-The Hindu Business Line Bringing digital banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...

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How the Black Economy Grew in Post-Independence India -Arun Kumar

-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...

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