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Welcome push to rural India's aspirations -Harsh Kumar Bhanwala

-The Hindu Business Line Bringing digital banking to Primary Agricultural Cooperative Societies is an important and laudable aspect of the Budget The Budget hides months of discussion, with stakeholders nursing a gamut of interests. This year was no exception and the Budget was an exercise in the accommodation of innumerable expectations; and it is bound to dissatisfy many. I would like to apply the old economic litmus test to judge its efficacy: Is...

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How the Black Economy Grew in Post-Independence India -Arun Kumar

-Caravan Magazine Arun Kumar is an eminent economist who has been studying the black economy in India for close to four decades. His 1999 book The Black Economy in India is among the foremost accounts of the black-money problem in the country. In Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences and Remedies, released in February 2017, Kumar discusses the misconceptions around black money, the...

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Grim diagnosis of govt health cover -GS Mudur

-The Telegraph New Delhi: India's government-funded health insurance schemes have increased patients' access to hospitalisation but failed to reduce their households' personal out-of-pocket healthcare expenses, the most comprehensive review of the schemes so far has found. The review by public health analysts has found increases ranging from 12 per cent to 244 per cent in hospital-based services across the country since the schemes were launched a decade ago. But there is no...

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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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A status quo budget for the social sector -Yamini Aiyar

-Livemint.com It should lay to rest the ongoing debate about this government’s attempt to radically restructure India’s welfare architecture There were no surprises—no helicopter drop of money into Jan-Dhan accounts, no move to dismantle ongoing welfare schemes in favour of a universal basic income (UBI). Far from being the populist, game-changing budget that many had expected, Union finance minister Arun Jaitley presented a sombre, status quo budget which, apart from some tinkering...

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