-TheWire.in The Budget speech pitch of ‘Swastha Bharat’ as ‘Samridha Bharat’ is deception, because the allocation for realising that is missing. Each year when the Budget is tabled in parliament, there is excitement and expectations. Should we say this used to be? Things have changed dramatically over the years. In the good old days, during the Budget session, we would wait excitedly to know about the price hike in petrol, diesel and kerosene....
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Issues of Marginalized Sections: Analysis of Union Budget 2018-19 by Delhi Solidarity Group
-Press Release by National Alliance of People's Movements (NAPM) The Delhi Solidarity Group (DSG) has come out with a critique of the Union Budget 2018-19. Please click here to access the report by DSG entitled: Issues of Marginalized Sections: Analysis from the perspectives of Handloom, Fisheries, Dalits, Adivasis, Forest, Agriculture, Banking and Financing, Urban Housing, Rural Development, Land & Higher Education. The following civil society organizations have contributed for the preparation...
More »The formal-informal divide -Puja Mehra
-The Hindu The slowdown in private investments is visible chiefly in the informal sector, not the corporate sector It is now well recognised that there is an investment slowdown in India, which is delaying a full-blooded recovery in the economy. Private investments, the principle engine of growth, are out of steam. The fall is so severe that it has more than offset the government’s macroeconomic stimulus of increased public investments. The slowdown started...
More »Customers defrauded at 4 PSBs through Aadhaar-based authentication misuse -Somesh Jha & Namrata Acharya
-Business Standard The banks - Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank - recently reported the matter to the Union government New Delhi/ Kolkata: The staff of four public sector banks (PSBs) has been alleged to have salted away depositors’ money by misusing the latter’s Aadhaar-based authentication. The banks — Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank – recently reported the matter to the Union government,...
More »Another Budget, Another Year of Ignoring Binding Laws on Rights -Nikhil Dey and Aruna Roy
-TheWire.in The making of the Union Budget has been a far too secretive and hidden exercise. Social sector expenditure and allocations related to policy announcements should be matters of open ongoing debate. On December 20, 2017, a group of 60 eminent economists sent an open letter to the finance minister stating: “We are writing to draw your attention to two urgent priorities for the forthcoming budget.” The first was to increase the central...
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