-The Hindu Allocation for anganwadis sees negligible increase of 0.7% Two lakh anganwadis will be upgraded in the country, Finance Minister Nirmala SITharaman said in her Budget speech on Tuesday. In last year’s Budget, the government had renamed a few schemes and categorised them under ‘Saksham Anganwadi and Poshan 2.0’. Though the government is yet to share the detailed of the renamed scheme, on Tuesday the Finance Minister said this would include “new...
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Union Budget 2022: The Concerns and Numbers Don’t Square Up -Arun Kumar
-TheWire.in Much was expected from the Union Budget 2022 which has come at a time when the Indian economy is facing an economic turmoil due to the coronavirus pandemic and battling widespread unemployment and inflation. High hopes were pinned on this year’s budget as the country saw young people protesting for Railway jobs, farmers protesting for the government to address their loss of incomes, micro-sector producers as they faced closures and PSU...
More »Union budget 2022-23: Big cut in fertilisers subsidy to worry farmers -Bhagirath
-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala SITharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
More »Union Budget 2022-23: Will it help children eat better -Vibha Varshney
-Down to Earth Schemes that provide integrated benefits to women and children did not get additional funds this year Food and nutrition were highlighted in this year’s budget presented in the parliament by Finance Minister Nirmala SITharaman. However, children might not get the benefit of good food. Schemes for children such as Poshan 2.0, which provide integrated benefits to women and children, did not get any additional funds this year. In 2022-23, an estimated budget...
More »A Pandemic and a Union Budget: A Study in Three Acts -Suyash Rai
-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years....
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