-Newsclick.in It’s just a parlour trick to disguise financing of government spending that does not appear in the formal Budget. We all know by now, that economic activity in this country has come to a grinding halt. That’s not just bad for our earnings, but also for the Government of India (GoI). Because, when people don’t buy or sell things, or even produce them, the government doesn’t get enough taxes. So, economists...

-Livemint.com To keep up with the pressure of making headline fiscal deficit numbers look good, the government has increasingly resorted to off-budget financing for revenue as well as Capital Spending As with every other Union budget in the country, all eyes will focus on the fiscal deficit number that India’s new finance minister, Nirmala Sitharaman presents on 5 July in her maiden budget speech. But for many investors and analysts, how that...

-The Hindu Several interventions are needed on the demand and supply side to alleviate farm distress Loan waivers remain the preferred solution for governments to tackle farm distress. S. Mahendra Dev and M. Govinda Rao talk about the inability of governments to think of long-term solutions to tackle farm distress, in a discussion moderated by Vikas Dhoot. Edited excerpts: * Despite farm productivity rising, severe distress in the sector is a concern. How...

-Hindustan Times According to locals, around 100 cases of dengue were reported from the village last year. However, in the absence of any government hospital and medical dispensary, the residents struggled. In 2017, Kadipur in north Delhi, adopted by Bharatiya Janata Party (BJP) MP from North-East Delhi Manoj Tiwari, had hit the headlines after it became the first village in the capital to get “free wi-fi”. However, it is still struggling to...

-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...