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Recently presented Union Budget does not provide updated data on important heads for FY 2018-19

During budget presentations, budget documents, which are provided, carry updated data and information related to various departments and ministries of the Central Government such as on revenues, expenditures, deficits etc. Recently economists like Dr. Rathin Roy and Prof. Jayati Ghosh have expressed concerns about the Ministry of Finance for not uploading updated and appropriate budgetary data and figures on the website following the 2019-20 Union Budget presentation b

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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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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

lture, employment, vulnerable sections of the population and tax progressivity during the 5-year term of the government. This publication presents a succinct analysis of the priories in the (main) Union Budget 2019-20 vis-à-vis some of the key promises of the Bharatiya Janata Party (BJP), which now has a huge majority in Parliament and is governing the country along with other constituents of the National Democratic Alliance (NDA), and a hos

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Budget 2019: Over 38% Cut In Funds For RTI Propagation

ared to Rs 9 crore allocated in the Budget for 2018-19, a dip of Rs 3.5 crore or about 38.8 per cent. Funds for propagation of the right to information have been slashed by over 38 per cent in the Union Budget 2019-20 as compared to last fiscal's allocation. Finance Minister Nirmala Sitharaman announced an allocation of Rs 5.5 crore for the 'CIC and RTI' as compared to Rs 9 crore allocated in the Budget for 2018-19, a dip of Rs 3.5 crore or abou

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Numbers That Count: An Assessment of the Union Budgets of NDA II -CBGA

-Centre for Budget and Governance Accountability (CBGA) The Interim Union Budget 2019-20, the last budget presented by the incumbent government, comes at a time when the economy is beset with myriad problems. Among the various challenges facing the economy, perhaps the most critical are those related to the acute agrarian distress, burgeoning unemployment and slowing down of the economy. While it is true that many of these problems began prior to

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60 Economists Send Wake-Up Call to Arun Jaitley on Maternal Benefits

(Rs 2,400 crores) is less than one third of what is required based on NFSA norms. Further, in flagrant violation of the Act, PMMVY restricts the benefits to Rs 5,000 for just one child per woman. The Union Budget 2019-20 should provide for full-fledged implementation of maternity entitlements as per NFSA norms. This requires at least Rs 8,000 crores, based on a 60:40 ratio for centre:state contributions – see Annexure. Along with this, the illeg

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Union Budget

KEY TRENDS   If one goes by the expenditure of major items, then according to the [inside]Final Union Budget 2019-20[/inside] (please click here to access): • Expenditure on Pension was increased from Rs. 1,66,618 crore in 2018-19 (R.E.) to Rs. 1,74,300 crore in 2019-20 (B.E.) • Budgetary allocation for fertilizer subsidy was Rs. 70,080 crore in 2018-19 (Budget Estimates) according to the Interim Union Budget document

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