-The Indian Express Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance. Since 97 per cent of the value of demonetised currency has returned to the banks, causing, contrary to the government’s expectations, very little extinction of currency, it is obvious that demonetisation has totally failed to achieve its purported objective of denting the black economy. It...
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Rural employment scheme gets highest-ever funding
-The Hindu FM allocates Rs.48,000 crore for MGNREGA; says it will be brought under digital scrutiny The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), once described by Prime Minister Narendra Modi as a “living monument of the UPA’s failure,” got its highest ever allocation — Rs.48,000 crore — since its inception over a decade ago. Finance Minister Arun Jaitley, however, indicated that the funds dispensed would come under increased digital scrutiny. “The...
More »Rate of violence against women in Capital unacceptably high: Report -Fareeha Iftikhar
-DNA According to the report, the rate of crimes per one lakh women in Delhi is 184.3, against 53.9 for the rest of the country The rate of violent incidents against women in the national Capital continues to remain “unacceptably high”. Delhi recorded the highest number of such incidents among all states and Union Territories (UT) in the last four years, according to a recent report. The report titled ‘Safety of women...
More »Re-imagine agriculture: Here are 8 points Krishi Budget wants Jaitley to emphasise on the big day -Debobrat Ghose
-Firstpost.com Farmers’ body Jai Kisan Andolan, a movement of Swaraj Abhiyan, in association with various farmers’ organisations and unions has sought a complete overhaul of policy framework related to agriculture and all segments of rural primary production. In a first-of-such-kind effort in the country, Jai Kisan Andolan, led by Yogendra Yadav, will present an alternative budget called ‘Krishi Budget’ on 1 February—the Union Budget Day-from a public platform called ‘Kisan Sansad’ at...
More »Will we miss the budget opportunity? -Jayati Ghosh
-The Indian Express Post-demonetisation, a reversal of the slowdown would require enhanced public spending. It doesn’t appear to be forthcoming. Given the economic uncertainty around the world and the demonetisation-induced domestic downturn in the Indian economy, preparing this year’s Union budget was never going to be an easy task. But the Modi government seems determined to make its task harder. It has managed to generate expectations — that will almost inevitably remain...
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