-The Hindu It would seem that sINCe the government is unable to catalyse domestic investment or fund public investment, it is now turning abroad to fuel growth Union Finance Minister Nirmala Sitharaman is mistaken if she thinks her first Budget is going to revive a slowing economy. The economy grew by just 5.8% in real terms in the last quarter of 2018-19. Yet, the Union Budget for 2019-20 assumes that the economy will...
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Falling far short of the goal -CP Chandrasekhar
-The Hindu The rhetoric in the Budget of accelerated, INClusive and sustainable development receives only limited financial backing The general election is over and a new government has been formed. But the campaign does not seem to end. More than an hour of Finance Minister Nirmala Sitharaman’s maiden Budget speech was largely devoted to underlining what she claimed were the remarkable economic achievements of the previous government. Given that legacy, she presented...
More »Economic Survey's Call for MGNREGA to Become 'Rural Distress Indicator' a Nod to Jobs Crisis?
-TheWire.in The survey also conferred a lot of credit on the Centre’s move in 2015 to implement direct benefit transfer and Aadhaar-linked payments when it comes to workers' wages. New Delhi: In tacit acceptance of the sudden surge in demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) following the demonetisation move of the government in 2016, the Economic Survey (released this July 4) has called for using...
More »Ratnagiri Dam breach toll 18, questions raised about possible negligence -Sushant Kulkarni
-The Indian Express The Opposition in the Maharashtra Assembly has also demanded that a case be registered against local Shiv Sena MLA Sadanand Chavan, who was closely associated with the firm Khemraj Constructions, which had built the dam in 2004. With the death toll in the floods caused by a breach in the Tiware dam in Ratnagiri’s Chiplun rising to 18, questions are being raised about possible negligence on the part...
More »A scheme for farmers that has not reached most farmers -Bhim Reddy & Abhishek Shaw
-The Hindu PM-Kisan is limited in both scope and implementation The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan), a cash transfer programme that draws on major initiatives by two State governments, has a long way to go in terms of both its implementation and scope of coverage. Even as the cropping season is under way, the scheme’s support has not reached farmers in most of the country’s regions. Launched by the Centre at the...
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