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Budget silences -Bina Agarwal

-The Indian Express The budget aims at economic growth and social protection. This is welcome. So are provisions for financial inclusion, housing, water, sanitation and rural electrification. But there are also substantial cuts in crucial social sectors and key omissions that are likely to undermine its stated economic objectives. Consider agriculture, environment and women. First, double-digit growth or poverty reduction is unlikely without strong, sustained agricultural growth. In 2014-15, agriculture grew at...

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Activists cry foul as WCD Ministry funds slashed by half -Abantika Ghosh

-The Indian Express Little over a month ago, Prime Minister Narendra Modi had launched the ‘Beti Bachao Beti Padhao' scheme from Panipat with much fanfare. On Saturday, his government slashed the allocation for the Women and Child Development Ministry by more than 50% from last year's allocation. Finance Minister Arun Jaitley allocated Rs 10,382 crore for the ministry. Last year, the allocation was Rs 21,193 crore of which the ministry managed...

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No clean slate -Arvind Virmani

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

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A budget for women -Yamini Mishra & Rebecca Reichmann Tavares

-The Hindu The government's first full year budget is an excellent chance to recognise missed opportunities and take corrective action with regard to investing in addressing gender inequality The coming Union budget is significant for at least two reasons: first, this will be the new government's maiden full year budget. Second, with the NITI Aayog replacing the Planning Commission, the government is likely to abolish the distinction between plan and non-plan budgets. This...

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NITI Aayog may not scrap UPA's 12th Plan -Sanjeeb Mukherjee

-Business Standard Likely to carry out mid-term appraisal; states could continue with annual Plans Contrary to popular belief, the National Democratic Alliance government may not scrap the 12th five-year Plan (2012-13 to 2016-17) formulated by the United Progressive Alliance (UPA) government. Instead, it may carry out a course correction, in consultation with ministries and state governments. A model for such a structured rectification would be firmed up at the first governing council meeting...

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