Defence Daredevilry
Comments are no part of COUNTERCURRENTS.ORG repertory.But I am risking a chance on the ground that Ramakrishnan's eye-opening article on India's shift to a defence-dependant economy needs greater attention from…
Union Budget 2023-24
India’s shift to a Defence-oriented economy, with increasing role for the private sector
‘Aatmanirbhar and indigenous’ in Defence : Camouflage for Adani’s deep penetration? The Defence sector is increasingly a happy hunting ground for private sector, including foreign capital. Adani too made a…
Defence Budget, a burden on the people, must be pruned
Prime Minister Narendra Modi inaugurated the Aero India 2023, the Runway to Billion Opportunities. It "is a wonderful platform to showcase the unlimited potential our country has in defence and…
Declining Prioritization of Social Sector in Union Budget
An important aspect of fiscal policy relates to the extent to which the various welfare needs of people are being met. One important indicator of this are the allocations made…
Budget Injustice for Minorities
At a time when minority communities have been passing through difficult times and need reassurance and support, the union budget has come as a rude jolt for them with its…
Budget Fails to Live up to Needs and Hopes of Villages
The union budget 2023-24 has failed to live up to the real needs and hopes of people living in villages, or to prioritize rural areas. A clear decline can be…
Analyzing the Union Budget 2023-24 to Unravel its Underlying Strategy
Introduction Any budget is complex consisting of many things of varying importance. Often, people focus on things of their direct interest but miss the wider implications that affect them indirectly…
Low Budgets, Inequalities Impede Educational Progress in India
Adequate investment in equality-based education is widely accepted as one of the key components as well as a strong base for the progress of developing countries. Despite this, educational progress…
How Union Health Budget is Only 35% of the Minimum Norm Accepted Officially, Falling Short by INR 172,000 crore
The most common description of the union budget’s allocations for health sector has been that these have increased marginally. However it would be much more appropriate to say that the…
Raw deal for India’s minorities
It is an open secret. There is no love lost between India’s religious minorities and the federal government. When Muslims, the most significant minority that makes up 14.2 per cent…
Children Not Receiving Fair and Adequate Share of Resources for Their Development
Child development is increasingly seen as the most important part of the development path. This is particularly true of a country like India where nearly a third of the children…
Multi billion Indian infra funds help only Super Rich and not poor
This year’s Indian Budget has allocated Rs 10 lakh crore (121.0 Billion US $) as capital expenditure for building huge infrastructure during 2023-24. Nearly one fourth of the capital outlay…
How Significant Cuts Were Made in Allocations of Crucial Ministries and Departments Last Year
While most of the budget discussion is understandably concentrated on the financial year ahead of us, it is important to have an understanding also of the previous year’s experiences. An…
Health Budget Lags Far Behind the Real Needs of People
An important aspect of health budget that we must keep in consideration while analyzing recent allocations relates to the fact that health budgeting in the present phase of India’s development…
Budget is a golden age for corporates but a mirage for farmers, Dalit, tribals
In the budget presented on February 1, Finance Minister Nirmala Sitharaman said that this budget has ushered in an amrit kal period , but for Dalits, tribals and farmers, this…
Why Government Clarification on NREGA Budget Cut is Not Convincing
If a single aspect of the union budget 2023-24 is to be selected in the context of drawing the maximum criticism, then it is the very low allocation for NREGA.…
Grossly Inadequate Budget Allocation for NREGA in FY 2023-24
Post-Budget Statement by Peoples' Action for Employment Guarantee (PAEG) and NREGA Sangharsh Morcha (NSM) The allocation for NREGA announced in the budget for FY 2023-24 is a travesty and is…
Union Budget 2023-24: Betrayal to the people of India
The Right to Food Campaign is shocked to see that, at this time of deep crisis the Union Budget 2022-23 has continued to reduce the government spending on the social…
Lower allocations this year can make food and nutrition situation difficult for the poor
A disturbing aspect of the union budget for the year 2023-24 relates to food and nutrition. In the case of most allocations there is a decline compared to the previous…
Union Budget 2023-24 Fails to Live up to Expectations of People
The union budget for the year has been presented at a time of growing concerns that expectations regarding an inclusive recovery from the COVID and lockdown related economic crisis have…
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