-The Hindu Audits, transparency and citizen-centric accountability need to be a part of fund support and disbursement Every COVID-19 wave in India has brought us face to face with the dire precarity of life and livelihood for India’s vast numbers of unorganised workers, and the inadequate response of the state and society to their plight. The latest global OXFAM inequality report highlights how India’s billionaires have grown dramatically in numbers and wealth,...
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In Search of Inclusive Recovery: An Analysis of Union Budget 2022-23 -- CBGA
-Centre for Budget and Governance Accountability (CBGA), February 4, 2022 Since 2006, Centre for Budget and Governance Accountability (CBGA) has been bringing out an analysis of the Union Budget every year soon after its presentation in Parliament. This publication aims to facilitate an informed discussion on the Budget focusing both on revenue and expenditure aspects, particularly around the social sectors, agriculture, rural economy, climate actions and provisioning of budgetary support for...
More »There is a discourse shift in Uttar Pradesh -Zoya Hasan
-The Hindu Economic hardship, chronic unemployment and farm distress appear to be at the centre of public discussion The Uttar Pradesh elections of 2022 are the most Important Assembly elections in living memory. The poll outcome in India’s weightiest State will be a crucial metric of public sentiment ahead of the 2024 Lok Sabha election. Uttar Pradesh invites attention not merely because of its size but right now because of its centrality...
More »Three questions which capture India’s medium-term economic challenge -Roshan Kishore and Vineet Sachdev
-Hindustan Times By prioritizing long-term growth via a capital spending push, the budget has underplayed the need for urgent steps to boost short-term consumption demand. Immediate analyses of the Union Budget are always focused on the headline numbers which the document contains. While these numbers are Important , it is essential to take a big picture view of the economy to examine the validity of the budget’s larger premise. Such an exercise...
More »How Nameplate Changes, Sleight of Hand Helped the FM Assemble Budget 2022’s ‘Big Capex Boost’ -Subhash Chandra Garg
-TheWire.in What you lose on the wings, you gain on the roundabouts. With no other major growth investments or policy reforms in the budget, finance minister Nirmala Sitharaman made capital investment the lynchpin of the government’s growth strategy in Budget 2022. Stressing that “the virtuous cycle of investment requires public investment to crowd-in private investment” she took high moral ground to say that the “public investment must continue to take the lead and...
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