-Factly.in There was an intense debate around the introduction of electoral bonds by the government. Data obtained from SBI reveals that there is hardly any demand for electoral bonds of smaller denomination while 99.9% of bonds sold in terms of amount are of Rs 10 lakh & Rs 1 crore denomination. The Electoral Bonds were first announced in the 2017-18 budget and the scheme was subsequently notified in January 2018. Factly...
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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 »CPM in SC over poll bonds
-The Telegraph New Delhi: The CPM has challenged in the Supreme Court the constitutionality of the recently introduced electoral bonds, alleging that it is a "ripe way" of ensuring all kinds of quid-pro-quo arrangements by the ruling party with entities whose identities will not be up for public scrutiny. The matter came up for hearing on Friday and the Supreme Court issued a fresh notice to the Centre. The bench, headed by...
More »Union budget shows "no concern" for hunger, malnutrition, rural distress, reduces maternal benefit allocation
-Counterview.net Calling the 2018-19 Union budget "highly disappointing", the top advocacy group, Right to Food Campaign (RFC), in a comprehensive analysis, has said, it has "miserably failed to respond to the present situation of rural distress and mass unemployment", adding, "Despite a spate of starvation deaths in different parts of the country, the budget makes no mention of hunger or malnutrition." Thus, RFC says, "There was some hope that the budget would...
More »India half-way through in promoting Budget Transparency -- reports a Global Survey
-Press Release by Centre for Budget and Governance Accountability (CBGA) New Delhi: The idea of ‘good governance’ has gained a lot of momentum in the recent years and ‘Budget Transparency’ has acquired importance as one of the parameters of ‘good governance’ across the globe. In light of this, it is pertinent to see where India stands in a global survey of Budget Transparency covering more than 100 countries. A global survey on...
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