-TheWire.in Government spending on advertisements has used up between 65% and 91% of the scheme's funds since 2016. New Delhi: The Ministry of Women and Child Development (MWCD) on Thursday admitted that a majority of funds allocated to the much-touted Beti Bachao, Beti Padhao (BBBP) scheme was spent on advertisements instead of any concrete work. Ever since the scheme was launched in 2015, prime minister Narendra Modi has sought to highlight his...
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Nutrition: In Budget 2020, rhetoric beats reality again -Bharat Dogra
-Newsclick.in As the numbers show, the government isn’t putting its money where its mouth is Everyone, including the government, recognises the special health and nutrition needs of adolescent girls. The only trouble is, the Union government forgets this at the time of actually providing funds for nutrition. Why else would the government cut the funds for the specific schemes for nutrition to only a half of the original allocation? In the budget for...
More »Story of budget '20, in 9 charts -Team Plain Facts
-Livemint.com With no significant spending increase to boost consumption or other major reform, the 2020 budget may lack the firepower to reignite the economy A growth slump, a precarious fiscal position and rising inflation: these are extraordinary times for the Indian economy. Yet in the 2020 Budget, these extraordinary times did not lead to the extraordinary measures so many economists were clamouring for. Like previous budgets under this government, the latest one...
More »Union Budget 2020-21: An expert's guide to rural distress -Jitendra
-Down to Earth Nirmala Sitharaman's Budget has all the ingredients to deepen India’s farm crisis These are desperate times for India. Rural unemployment was at a 45-year-high while consumption expenditure of rural families fell 9 per cent between 2011-12 and 2017-18, according to a report by the National Sample Survey Office (NSSO), which the government never released but got leaked to the media in November 2019. Between 2011-12 and 2015-16, the income of farmers...
More »NSO will not release report showing first decline in consumer expenditure in 40 years -Somesh Jha
-TheWire.in Consumer spending surveys help set the base year for key macroeconomic data, including gross domestic product. New Delhi: More than a month after National Statistical Commission (NSC) chairman Bimal Kumar Roy said the official survey report showing a dip in consumer spending for the first time in over four decades would be made public, the autonomous data body decided against releasing the report. When asked why the NSC departed from its earlier...
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