-The Telegraph New Delhi: The Narendra Modi government appears to have again opted for the money bill route, this time to implement new provisions on political parties' funding, to "sidestep" the Rajya Sabha where the ruling NDA is in a minority. A money bill can be introduced, amended and voted on only in the Lok Sabha. They are referred to the Rajya Sabha but it cannot vote on them, nor can it...
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Such Incredibly Accurate Revenue Budget Estimates? -Anuj Srivas
-TheWire.in Were the budget estimates for corporation and income taxes in 2016-17 a good coincidence or were they supposed to have been be qualified with a note? New Delhi: For the first time in at least ten years, the budget estimates (BE) of India’s corporate tax and income tax revenue receipts have exactly matched their corresponding revised estimates (RE) – give or take a couple of decimal points. A key part of every...
More »Punjab farmers give thumbs down to Budget provisions -Manraj Grewal Sharma
-Hindustan Times Nawanshahr: “The budget is far removed from reality.” That is how young Meet Pal Singh, an MBA who has set up a polyhouse in Mahalon village of Nawanshahr, dismisses the budget. The tall light-eyed youth, who is feted as a progressive farmer in the area, says the Modi government should first focus on implementing the MS Swaminathan report for farmers before coming up with a new set of proposals. Dr...
More »What Do the Numbers Tells? An Analysis of Union Budget 2017-18 -CBGA
-Centre for Budget and Governance Accountability Budget 2017-18 is placed at an important juncture when there has been a thrust by the government for a digitised and a consequent cashless economy with the demonetisation of high value currency notes undertaken in November last year. A number of claims have been made in the budget speech by the Finance Minister regarding longer term benefits of this move for the Indian Economy. To...
More »Union Budget and the agrarian crisis -MS Swaminathan
-Deccan Chronicle Arun Jaitley has reiterated the government’s resolve to help farmers double their income in another four years. Keeping in view the problems faced by farm families, who comprise over 60 per cent of our population, the finance minister Arun Jaitley has reiterated the government’s resolve to help farmers double their income in another four years. The various measures suggested for doubling income include distribution of soil health cards, promotion of more crop per drop,...
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