-The Asian Age The Economic Survey of 2015-2016 is a lovely document which goes into great detail on what is wrong with India on the economic front and offers good workable solutions to solve these problems. One of the points that the survey makes is regarding Indian agriculture becoming cereal-centric. The reason for this lies in the fact that the government procures rice and wheat from farmers at the minimum support price...
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MNREGA: Once again, Jaitley (wrongly) claims highest-ever outlay for 'monument to Congress failure' -Anumeha Yadav
-Scroll.in Already 21 states have no funds and pending liabilities of Rs 6359 crore – as much as 16% of the outlay. Presenting his third budget, Finance Minister Arun Jaitley announced an outlay of Rs 38,500 crore to the Mahatma Gandhi National Rural Employment Guarantee scheme. This was the second consecutive year the finance minister increased the outlay for the rural works scheme, which Prime Minister Narendra Modi had last February attacked...
More »Union Budget 2016-17: Mere eyewash or some concrete steps
In the age of social media, various sections of the Indian polity and civil society have reacted publicly in diverse voices, following the presentation of the Union Budget 2016-17 by Finance Minister Shri Arun Jaitley. An assessment of the Union Budget 2016-17 has been done in the following paragraphs by the Inclusive Media for Change team, based on a number of media reports, Government documents (including the Budget documents), and reports...
More »Hype and reality -Jayati Ghosh
-The Indian Express The budget recognises the crisis in rural India, but allocations do not match the talk In India now, there appears to be an inverse relationship between the time finance ministers spend talking about a particular issue in their budget speeches and the amount of money they actually allocate to deal with it. This was true of former Finance Minister P. Chidambaram’s budget speeches, but incumbent FM Arun Jaitley...
More »Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
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