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Union Budget gives fillip to revive millet cultivation in state -Sharan Poovanna

-Hindustan Times During the Union Budget presentation, finance minister Nirmala SITharaman on Tuesday had announced that 2022-23 will be considered as the International Year of Millets. “Support will be provided for post-harvest value addition, enhancing domestic consumption, and for branding millet products nationally and internationally,” SITharaman had said. The government’s assurance will boost states like Karnataka which has moved in the direction to diversify and incentivise production of these super foods. Please click...

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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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A betrayal of the social sector when it needs help -Dipa Sinha

-The Hindu The government seems to have prioritised meeting its fiscal deficit targets rather than using this opportunity to signal a path of employment-centred and inclusive growth India continues to rank poorly in various global indices that reflect the quality of life, human capital or human development in the country, such as the Human Development Index (rank 131 out of 189 countries) and the Global Hunger Index (rank 101 out of 116...

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A recipe to deepen the distress in rural economy -Himanshu

-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...

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Budget 2022: Lowest sections of our society who suffered most are not yet part of recovery story -Ashwini Kulkarni

-The Free Press Journal Today’s budget speech of the Finance Minister was more about Government’s intentions, intentions for a long term horizon like 25 years and little on this years’ specific plans. There is an oft-spoken phrase – where there is a will there's a way. If the policies of a Government is its Will then the Budget is meant to give the Way by providing the means with funds. Today’s budget...

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