-Networkideas.org It’s that time of year again – the time when all eyes turn to those magic numbers, the actual and proposed fiscal deficits of the central government as shares of GDP. Breathless news anchors will interrogate financial investors on what the numbers mean, and why 3.5 per cent or 3.7 per cent is fatally worse than, say, 3.4 per cent or 3.2 per cent or less. Everyone will breathe a...
More »SEARCH RESULT
Explained: What's the difference between a full Budget and an interim Budget? -Shaji Vikraman
-The Indian Express Budget 2019: At the end of its term, a government usually presents a vote on account rather than a full Budget. What is the difference? A look at what interim Budgets have covered over the years, or left for the next government. Chennai: On February 1, the government is set to present its last Budget ahead of the elections. Conventionally, a government at the end of its term...
More »Aruna Roy, well-known social and political activist, interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.in Interview with Aruna Roy. ARUNA ROY is a well-known social and political activist. A former Indian Administrative Service officer, she resigned from the IAS in 1975 and has since worked with the most oppressed in society. Aruna Roy’s observation on government service is indicative of her future concerns: “Everyone calls it an elite service; I always felt the discourse should be a bit better than what it was. I was shocked...
More »Forward caste quota is an act of appeasement, desperation and failure -TK Arun
-The Economic Times The government’s decision to add one more layer of reservations to the existing 50 per cent in government jobs and seats in institutions of higher learning represents political opportunism and amounts to admitting failure to create economic dynamism that would generate quality jobs and meet the aspirations of young India. To create an additional quota of 10 per cent for those with an annual income less than Rs 8...
More »Universal Basic Income can be funded by reducing subsidies to the rich -Pranab Bardhan
-The Indian Express I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn. After my last op-ed in this paper (The safety net of the future) several readers, intrigued by the idea of a Universal Basic Income Supplement (UBIS) proposed...
More »