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From plate to plough: The MSP smokescreen -Ashok Gulati & Ranjana Roy

-The Indian Express Government’s claim that it has given support prices that are 50 per cent over input costs to farmers is a sleight of hand. Tall talk could increase farmer resentment The finance minister (FM) has made a smart move by announcing in the Union budget speech that the government has already fulfilled its election promise of giving minimum support prices (MSPs) of at least 50 per cent higher than their...

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Size of tax rebates is large as compared to spending by agricultural & rural development ministries

Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...

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'Of Hits and Misses: Analysis of Union Budget 2018-19' -CBGA

-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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Budget 2018: It is by the privileged for the privileged -Aruna Roy

-The Financial Express Budget 2018: The government claims that this is the Budget for a “new India”.However, this vision excludes rural workers, small & marginal farmers and the unorganised sector. Many claims are being made about the farm sector. The fact is even the “optics” only partially meet these. The substance of this Budget shows how little it caters to farmers, and the economically & politically marginalised. The demand of farmers agitating...

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What the US Health Insurance Programme Can Teach India -Rama V Baru

-TheWire.in Why has India chosen the path of expanding medical insurance instead of a more comprehensive approach to health? The concern with rising inequities in access to medical care, rising out-of-pocket expenditures and unmet treatment needs have been addressed with yet another targeted medical insurance scheme for poor households. The idea of a targeted medical insurance is not new. Several southern states like Andhra Pradesh and Karnataka had introduced such schemes many...

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