-The Hindu Policy should address credit, crop insurance, drip irrigation The government’s efforts to focus on the welfare of farmers in the Union Budget is admirable. However, in a zero-sum situation such as budget allocation, the government often finds itself trying to choose between short-term results and long-term benefits. Short term results might come with loan waivers and increase of Minimum Support Price (MSP), but care should be taken to address the...
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'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 »Union Budget 2018: A Step Forward -Ajay Vir Jakhar
-The Indian Express Únion Budget 2018: Budget addresses the crises in agriculture. The devil is in the allocations All happy families are alike; each unhappy family is unhappy in its own way”. In Anna Karenina, only if a person is satisfied on all counts will she be happy. The allocations in the budget cover every sector, with umpteen implications, and no person’s expectations can be fulfilled on all counts. While every...
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...
More »Budget 2018 talks big on rural economy and agriculture. But where is the money? -Kumar Sambhav Shrivastava
-Scroll.in Many crucial schemes have been allocated less than last time and what the finance minister announced in Parliament. Arun Jaitley invoked Swami Vivekananda to drive home the point that the Budget for 2018-’19, which he presented on Thursday, was aimed at helping rural India and farmers. “Let her arise – out of the peasants’ cottage, grasping the plough; out of the huts of the fisherman. Let her spring from the...
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