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The budget has exposed the NDA Government's nervousness -Yamini Aiyar

-Hindustan Times Fiscal prudence has been compromised in favour of pleasing every conceivable vote bank the NDA can appeal to What a difference five years make. In July 2014, when the National Democratic Alliance (NDA) unveiled its first full budget, finance minister Arun Jaitley made clear that the NDA was against “mindless populism”. “India,” he said in a media interaction, “has to make a choice between mindless populism and fiscal prudence…. the...

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Managing the stimulus -Neelkanth Mishra

-The Indian Express The income transfer scheme was the highlight of the budget. But its success will need deft manoeuvring. Like in each of the previous two years, the run-up to the budget this year was rife with fears of significant fiscal slippage if the Government caved in to political compulsions. And like in prior years, these fears turned out to be exaggerated. The decline in fiscal deficit ratios has indeed...

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An appeasement Budget -Puja Mehra

-The Hindu The Interim Budget makes clear the class hierarchy in the Modi Government’s scheme of populism Interim Budget 2019 has sought to make amends for all the wrongs of almost five years of the Narendra Modi Government. For example, the debilitating impact of demonetisation on the informal sector that employs nearly 90% of the workforce had long been suspected on the basis of anecdotal evidence. The findings of the National Sample...

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Will the budget actually benefit farmers? -Jayati Ghosh

-The Telegraph There are enormous questions about implementation, and the first issue is that of identifying the farmers Everyone expected the Narendra Modi Government to do something big — or at least promise something big — before the general elections. Everyone also sensed that it would be something to do with farmers, one of the economic and social concerns that have now also become a political talking point. But perhaps no one...

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MGNREGA workers in Jharkhand demand increase in wages and number of days of guaranteed work

-Press release by NREGA Watch (Jharkhand) dated 2nd February, 2019 Thousands of NREGA workers across Jharkhand spilled to the streets today to express their anger at the continued denial of their entitlements. In over 30 blocks of the state, workers raised their voice against the abysmal wage rate, acute shortage of work, increasing delays in payment of wages, and violation of several other rights. They also demanded work and submitted grievances...

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