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A hand-to-mouth Budget -Puja Mehra

-The Hindu It is inescapable from the arithmetic that revenue expenditures and tax revenues are in need of serious corrections Finance Minister Nirmala Sitharaman began a new practice in the Union Budget, presented on July 5, when she relegated the numbers, or the budgeting, to the fine print, in a break with tradition; they are usually presented as a part of the speech on the floor of the House in Parliament. What are the compulsions that

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Every number in Budget is authentic, says Sitharaman amid row over disparity in GDP figures

-The Indian Express The Economic Survey, released by Chief Economic Advisor S Krishnamurathy a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the budget projected it at 11 per cent. New Delhi: Finance Minister Nirmala Sitharaman Wednesday dismissed speculations surrounding the GDP figures quoted in the Union Budget, saying “every number is authentic”.

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Explained: Why Centre's Reported Finances in the Economic Survey and Budget Differ -Suyash Tiwari

-TheWire.in/ PRS blog The Union Budget replicates revised estimates reported in the interim Budget, not the updated figures for 2018-19 from the Controller General of Accounts. Finance minister Nirmala Sitharaman presented the Union Budget for the financial year 2019-20 in parliament on July 5, 2019. In the 2019-20 budget, the government presented the estimates of its expenditure and receipts for th

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CSOs are unhappy with the way the Economic Survey 2018-19 & the Union Budget 2019-20 dealt with MGNREGA

-Press release by NREGA Sangharsh Morcha and Peoples' Action for Employment Guarantee (PAEG) dated 9 July, 2019 Even as many parts of the county suffer from drought, the new government at the centre has allocated a mere Rs 60,000 crores for the National Rural Employment Guarantee Act (NREGA) for the ongoing financial year. This is Rs 1,084 crore less than the revised budget estimate for 2018-19. Expenditure would have been much higher last year had the government met the full demand for wor

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The Mystery Of The 'Missing' Rs. 1.7 Lakh Crore In India's Budget -Sreenivasan Jain

-NDTV Three days after the Union Budget was presented, questions have surfaced over a nearly Rs. 2 lakh crore 'fiscal hole' in India's financial accounts. The anomaly was first picked up by Rathin Roy, a member of the Prime Minister's Economic Advisory Council. Writing in the Business Standard, he studied both the Economic Survey and the Budget and found that the revenue estimates for 2018-19, in other words how much the government has earned,

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Debate on Budget: Opposition targets govt on NREGS allocation, unemployment -Liz Mathew & Shalini Nair

-The Indian Express Opposition members said it has no roadmap and does not address the serious issues of agrarian crisis and unemployment. TARGETING THE Union Budget in the Lok Sabha on Tuesday, Opposition members said it has no roadmap and does not address the serious issues of agrarian crisis and unemployment. The ruling BJP members countered that the Budget has “everything to take the country to a $5 trillion economy in five years&rd

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Meet 'zero budget' Vidarbha farmer who was mentioned in Budget speech -Parthasarathi Biswas

-The Indian Express Subhash Palekar — came in the Union Budget speech of Nirmala Sitharaman, where she talked of the need to “go back to basics” and “replicate this innovative model (that) can help in doubling our farmers’ income in time for our 75th year of Independence”. THE ECONOMIC Survey on Thursday mentioned Zero Budget Natural Farming (ZBNF) along with Vedic Farming, Homa Farming and Cow Farming &mda

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More of the dismal same -Prabhat Patnaik

n a strong point of the NDA government. Its only two major economic forays, demonetisation and the GST, have both turned out to be pretty disastrous. It was futile, therefore, to expect much from the Union Budget for 2019-20. Even so, one is surprised by the budget’s lack of engagement with the current problems of the economy, which are serious: A slowing down of activity, agrarian distress, massive unemployment, and external payments worries ex

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Union Budget: At the bottom of the page lie Nirmala's deficit secrets -Devadeep Purohit

n April-May, giving the BJP a thumping victory in the Lok Sabha polls. The success of the saffron camp in spinning narratives was in full display on Friday when Nirmala Sitharaman rose to present the Union Budget 2019-20 that the ruling dispensation in Delhi termed #BudgetForNewIndia. The finance minister took 127 minutes — the length of a standard Bollywood flick — to roll out a budget that Modi later described as “citizen-friend

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Promises and Priorities - An Analysis of Union Budget (2019-20) -CBGA

-Centre for Budget and Governance Accountability (CBGA) Centre for Budget and Governance Accountability (CBGA) brings out a draft version of this publication within 24 hours of the presentation of Union Budget in Parliament every year. The objective of this publication is to facilitate an informed discussion on the Union Budget, particularly around social sectors, agriculture, employment and vulnerable s

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