Extracts from C. Rammanohar Reddy’s Demonetisation and Black Money that explore whether the note ban had any impact on the rich, how Digital India entered the narrative and the impact of the move on the poor.
The Scheduled Castes Sub Plan and Tribal Sub Plan have been replaced by ‘allocations for welfare of SC and ST.’
Social Security Provisions for Assam’s Tea Garden Workers in Budget a Step Towards Amending Plantations Act
Centre has allocated Rs 771.10 crore for a social security scheme, which is likely a move towards doing away with the ‘in kind’ component of wages paid to the plantation labourers.
The back-and-forth over the quality of select institutes hides a remarkable national disinterest in improving the quality of the average engineering college.
Given the massive hit taken by informal workers after demonetisation, the Budget’s provisions for them are quite inadequate and will be seen as such.
Dealing with demonetisation aftereffects requires a fiscal and monetary boost, but the government appears to be in no mood to deliver it, for obvious reasons – the fiscal cushion that Narendra Modi’s brainwave was supposed to provide never materialised.
The imposition of the tax has impacted the international competitiveness and liquidity of the Indian commodity derivatives market and must be reconsidered in the upcoming Budget.
Demonetisation was meant to widen India’s tax base and increase our abysmally low tax-GDP ratio. The government could further this aim in more concrete ways through the Budget.
How much money will come through the second income disclosure scheme and by tracking down hitherto unidentified black money? What will it be used for?
The prime minister could use the president’s suggestion that the poor need immediate relief after demonetisation, unveil radical measures in the upcoming budget and leave the Opposition speechless.
Advancing the Budget presentation could give the BJP an unfair advantage in the upcoming state elections. By failing to defer it until after the polls, the party is unwilling to follow the high principles expected in a bipartisan polity.
India should not persevere with its focus on privatising healthcare or relying on health insurance.
A round-up of The Wire’s coverage of this year’s Union Budget. We examine everything from the historical and economic context of the budget to the nitty gritty of how the government will implement its promises.
Will the government be able to boost public spending while maintaining strict fiscal consolidation? Will there be a hike in service and excise tax rates? Join us as we give you live updates and analysis
Many of the challenges that the Budget will seek to address tomorrow, come from a need to increase public spending as well as present a credible fiscal consolidation plan
The Indian tendency to prevaricate and not take tough decisions means the government has very few options as it tries to impose financial discipline
The Indian economy faces a rare double whammy of shrinking prices for producers and rising prices for consumers. Raghuram Rajan recently said India is importing global deflation in commodities, reflecting in shrinking prices for producers. Consumer prices, mostly reflecting what people pay for food items, are rising because […]