Post Tagged with: "Union Budget 2021"

Budget 2021–22: Proposal for an Alternate, Pro-People Budget

Budget 2021–22: Proposal for an Alternate, Pro-People Budget

India’s social sector expenditures are amongst the lowest among all major economies of the world. In this concluding part of our budget analysis of Union Budget 2021-22, we present proposals on how the Centre can more than double its social sector expenditures. Part I: Snapshot of Subsidies Given to Rich in Budgets According to the Economic Survey, the annual document[Read More…]

by 18/06/2021 Comments are Disabled India
Budget 2021-22: What Is in it for the Poor? – Part 4

Budget 2021-22: What Is in it for the Poor? – Part 4

Budget and Nutrition Schemes Hunger and Malnutrition ‘Emergency’ India’s rulers may be claiming that the country is heading towards becoming a global superpower,  but what is for sure is that its hunger levels are amongst the worst in the world. The Global Hunger Index (GHI), a multidimensional statistical tool designed to comprehensively measure and track hunger globally and by country[Read More…]

by 11/06/2021 Comments are Disabled India
Budget 2021-22: What Is in it for the People? – Part 3

Budget 2021-22: What Is in it for the People? – Part 3

In this part, we analyse the allocations made in the Budget for education and health, from a people’s perspective. Budget and Education Education is fundamental to human as well as societal development. Which is why in all developed countries, governments have taken the responsibility of providing Free, Equitable and Good Quality school education to All their children (the private sector[Read More…]

by 28/05/2021 Comments are Disabled India
Budget 2021–22: What Is in it for the People? – Part 2

Budget 2021–22: What Is in it for the People? – Part 2

Overestimating tax revenue and budgetary outlay There was always some discrepancy between budget estimates (BE), revised estimates (RE) and actuals (A)[1] over the years—as is to be expected—but such differences were relatively minor. Over the last few years, the Modi Government has indulged in dressing up of the budget figures, because of which these differences have become so vast that[Read More…]

by 21/05/2021 Comments are Disabled India
Budget 2021-22: What Is in it for the People?: Part I

Budget 2021-22: What Is in it for the People?: Part I

Despite all the manipulations done by the Modi Government with the GDP figures, the economic slowdown has been so persistent that now, finally, the official figures also admit that economy began slowing down before the pandemic. GDP Growth Rate Till 2019, just before the elections, Modi and the then Finance Minister Arun Jaitley claimed that India is the fastest growing[Read More…]

by 15/05/2021 Comments are Disabled India
At a time of growing farmer discontent, a reduction of agriculture budget is surely hard to justify

At a time of growing farmer discontent, a reduction of agriculture budget is surely hard to justify

Keeping in view the escalating farmer discontent in India in recent times, many people had reason to expect that the union government will respond by significantly raising the budget for agriculture, particularly in the context of  some of its most favored schemes. But when the union budget for 2021-22 was presented recently, they were in for a rude shock as[Read More…]

by 11/02/2021 Comments are Disabled India
Budget 21-22: Denial of Ambedkar and Birsa Munda

Budget 21-22: Denial of Ambedkar and Birsa Munda

Union Budget 2021-2022 is a Saga of Deception Presenting the digital Union Budget, Union Minister of Finance and Corporate Affairs stated that India’s fight against COVID-19 continues into 2021 and that this moment in history, when the political, economic, and strategic relations in the post-COVID world are changing, is the dawn of a new era – one in which India is well-poised to truly be the land[Read More…]

by 11/02/2021 Comments are Disabled India
India’s Growing Disease Burden… Will Healthcare Budget Suffice?

India’s Growing Disease Burden… Will Healthcare Budget Suffice?

The global health emergency that jolted the world from its slumber made us realize the value and importance of health, probably the only positive outcome of the pandemic. Baring few nations, others struggled hard to cope with their crumbling health infrastructure. In India too, Health sector which had long been overshadowed and ignored in both priority and fund’s in the[Read More…]

by 09/02/2021 Comments are Disabled India
Right to Food Campaign Exposes How Women and Children Have Not Received Much-Needed Justice and Care in Union Budget 2021-22

Right to Food Campaign Exposes How Women and Children Have Not Received Much-Needed Justice and Care in Union Budget 2021-22

While all sections of people suffered in Covid, women and children suffered even more. Several studies including the recently released Oxfam Inequality report have documented that the loss of job is even more in troubled times for women and it is even more difficult for them to get their work back. Women in the unorganized sector who could save their[Read More…]

by 03/02/2021 Comments are Disabled India
Budget 2021 Epitomises Hindutva Quackery in India

Budget 2021 Epitomises Hindutva Quackery in India

Budgets are political visions with economic planning based on resource allocation and revenue generation to face the crisis, fulfil the needs and desires of citizens, and shape the path towards future prosperity of society. Modi’s Finance Minister Nirmala Sitharaman’s budget speech and her budget documents in the tablet made by a South Korean company and backed up in a tablet[Read More…]

by 02/02/2021 Comments are Disabled India
Car Culture

Car Culture

A.R. Kardar was one of the biggest personalities of the Hindi film world. He was also very versatile as a writer, actor, producer, director and studio owner. His Kardar studio in Parel in Mumbai is now reduced to a big motor car repair garage, a fact the glamorous film world is not aware of. His daughter Yasmeen reminisces that the[Read More…]

by 02/02/2021 Comments are Disabled India
Opportunities Lost, Expectations Denied–Why the Union Budget is Disappointing

Opportunities Lost, Expectations Denied–Why the Union Budget is Disappointing

The Union Budget this year presented a huge opportunity for the government to break a new ground in terms of  equality based path out of economic crisis. After all it is well known that inequalities have grown greatly during recent times with a further accelerating trend in 2020, in particular there have been huge gains for several billionaires and also[Read More…]

by 01/02/2021 Comments are Disabled India
Illustration by Dominic Xavier : Courtesy : Rediff. Com

Once in a Century Budget: Statement of Fact or Hope?

In December 2020, talking at a CII meet, finance minister Nirmala Sitharaman reportedly stated: “100 years of India wouldn’t have seen a budget being made post-pandemic like this”. The budget to be presented on February 1, 2021 will indeed be a once a century budget, since never before has the GDP and revenue collection fallen so steeply. Never before have[Read More…]

by 01/02/2021 1 comment India
Some Significant Aspects of the Forthcoming Union Budget

Some Significant Aspects of the Forthcoming Union Budget

The forthcoming union budget is considered to be of extraordinary importance as it is being presented in the middle of a serious economic crisis. More specifically there are exceptionally high under-achievements regarding GNP and revenue receipts combined with very pressing needs of several sectors at the same time. Whatever the constraints, the budget of health and education sectors has to[Read More…]

by 28/01/2021 Comments are Disabled India