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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Municipal budgets can make a real difference to citizens’ lives. Here’s how. -Srikanth Viswanathan

-The Indian Express Evidence suggests that citizen participation in budgeting and closer engagement in the monitoring of civic works results in better outcomes and fewer leakages. The budget season is upon us. The Union budget, which lays out the receipt and expenditure proposals of the Government of India, is an annual feature in Parliament on February 1. It receives extensive press coverage — in fact, it sends both TV and print media...

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Can India be ‘atmanirbhar’ by cutting budget for children -Priti Mahara

-Down to Earth While total allocations to Union budget 2021-22 saw an increase of 14.5%, the share for children declined by 10.8% compared to 2020 The novel coronavirus disease (COVID-19) pandemic has dealt a serious blow to the Indian economy. The economic slowdown has aggravated poverty, disrupted public provisioning for children’s welfare, exacerbated existing gaps in availability, access and utilisation of services. It has multiplied challenges for children from marginalised communities. Healthcare, nutrition,...

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Budget 2021: Funds for anganwadis under ICDS reduced. Only 40% anganwadis in India have tap water connection; lowest in Assam at 2%, Jharkhand 2.5% -Shivani Gupta

-GaonConnection.com Latest data by the Union Jal Shakti Ministry shows that only 39.8% anganwadis are covered with tap water connections. Despite poor infrastructure and lack of basic facilities, such as tap water, the Budget for anganwadis is reduced. To provide tap water supply to rural households, including anganwadis and rural schools, the Narendra Modi government launched its flagship scheme of Jal Jeevan Mission in 2019. The aim is to cover all rural...

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Budget in the Time of the Pandemic: An Analysis of Union Budget 2021-22 --CBGA

-Centre for Budget and Governance Accountability (CBGA) ‘Analysis of Union Budget’ is a publication which Centre for Budget and Governance Accountability (CBGA) brings out every year following the presentation of the Union Budget in Parliament. This document presents our analysis of the priorities and trends in the Union Budget with regard to the sectors and issues that are directly relevant for the poorer sections of the population. Accordingly, this publication focuses...

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