-Centre for Budget and Governance Accountability (CBGA) Union Budget 2018-19 is the fifth and the final full-year budget of the current ruling dispensation. The major plank on which this government was elected in 2014 with an exceptional mandate were issues of development related to reducing corruption, generating meaningful employment opportunities, tackling inflation (especially food inflation, an issue plaguing the economy at that point of time), reducing inequality, and pushing the economy...
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Why Budget 2018 is too late, too little for the rural economy -Himanshu
-Livemint.com While Budget 2018’s agriculture focus may not revive the rural economy, whether it fetches any votes for the Narendra Modi govt will only be known next year Since this was the last full budget of the Narendra Modi-led government before the general elections next year, its contours were more or less known to everybody. The budget in that sense did not surprise. Given the tight fiscal situation, it was expected that...
More »Where's the money, Mr Jaitley? -Jayati Ghosh
-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
More »Jaitley's farm-inclined Budget promises new agricultural schemes -- but not the funds for them -Mridula Chari
-Scroll.in The agriculture budget grew more than the actual budget in 2018-19. Some of Finance Minister Arun Jaitley’s promises to the agriculture sector in his Budget speech may be a little difficult to keep. Jaitley on Thursday announced two funds together valued at Rs 10,000 crore to develop infrastructure for the fisheries and animal husbandry sectors. But his Budget has allotted only Rs 10 crore to the Fisheries and Aquaculture Infrastructure Development...
More »Union Budget 2018: Govt ensures payment of full MSP even if farmers sell below price
-Deccan Chronicle The finance minister said the agricultural output of the country is at a record high and wage of farmers will be doubled by 2022. New Delhi: The Narendra Modi-led NDA government presented the Union Budget 2018-19 on Thursday. In the last full-fledged Budget of the BJP government Finance Minister Arun Jaitley tabled a lot of proposals for the agriculture and the rural economy. For agiculture sector, the Budget 2018...
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