The question of credibility There were considerable expectations from the Budget. Given that this is the last full-year Budget by this government and the first one after the revenue uncertainties arising from implementation of the goods and services tax (GST) reform, there were apprehensions about the slippages as well. Indeed, there are electoral budget cycles… Continue reading The question of credibility
Author: ForumIAS
Promise and delivery: on Union Budget 2018
Promise and delivery: on Union Budget 2018 Context If the Union Budget is construed as an annual tug-of-war between populism and fiscal prudence, arguably it is the latter that prevailed in the past four budgets tabled by the NDA. Arun Jaitley’s Budget will be judged by whether it can bridge the gap Armed with a… Continue reading Promise and delivery: on Union Budget 2018
Goodbye to fiscal consolidation
Goodbye to fiscal consolidation What is meant by fiscal consolidation? Fiscal consolidation is a reduction in the underlying fiscal deficit. It is not aimed at eliminating fiscal debt Fiscal deficit data Year Target Actual 2017-18 3.2% 3.5% 2018-19 3.3% 2020-21 3% Revenues healthy Capital receipts are expected to exceed the budgetary estimate thanks to record disinvestment revenues of ₹100,000… Continue reading Goodbye to fiscal consolidation
A shot in the arm for Urban Rejuvenation Mission
A shot in the arm for Urban Rejuvenation Mission Context In a boost to infrastructure development in cities, the total outlay for the Urban Rejuvenation Mission, which includes projects under AMRUT and Smart Cities Mission, will be Rs. 12,169 crore, according to the Budget proposals for 2018-2019 Smart Cities Mission The Smart Cities Mission, will… Continue reading A shot in the arm for Urban Rejuvenation Mission
Ayushman Bharat: the big budget scheme
Ayushman Bharat: the big budget scheme Context Two major initiatives in health sector announced as part of Ayushman Bharat programme Aim: Making path breaking interventions to address health holistically, in primary, secondary and tertiary care systems, covering both prevention and health promotion National Health Protection Scheme Health and wellness centres National Health Protection Scheme 5… Continue reading Ayushman Bharat: the big budget scheme
Farmer Sutra: Jaitley focuses on the rural sector
Farmer Sutra: Jaitley focuses on the rural sector Context Agriculture and health concerns of the poor addressed in the budget but the rest of the people have been left out MSP increased The government has decided to offer a minimum support price (MSP) of at least 1.5 times the expenses borne by farmers for all… Continue reading Farmer Sutra: Jaitley focuses on the rural sector
Should India have simultaneous elections?
Should India have simultaneous elections? Context Simultaneous elections in India Why should India have simultaneous elections? Holding simultaneous elections will ensure consistency, continuity and governance MCC is detrimental to developmental work Five years mean five years of stable governance. A system must be evolved to give a period of five years to the incumbent government… Continue reading Should India have simultaneous elections?
Nepal gets a high Rs. 650 crore outlay
Nepal gets a high Rs. 650 crore outlay Context India’s annual financial allocation under the Union Budget ‘Neighbourhood First’ policy For India’s development and diplomatic engagement under the ‘Neighbourhood First’ policy, the Budget has allocated Rs. 5545 crore. Traditionally Bhutan gets highest Bhutan is traditionally the largest recipient of Ministry’s allocation. It has maintained the… Continue reading Nepal gets a high Rs. 650 crore outlay
Tulsi and ashvagandha to purify Neknampur Lake in Hyderabad
Tulsi and ashvagandha to purify Neknampur Lake in Hyderabad Context Use of hydroponics to clean the Neknampur lake in Hyderabad What is hydroponics? Science of growing plants without soil Floating Treatment Wetland (FTW) Gently floating on the surface of Neknampur Lake is an artificial ‘island’ made of meticulously chosen plant species. The island is a… Continue reading Tulsi and ashvagandha to purify Neknampur Lake in Hyderabad
Centre’s plan may boost farmers’ solar power use
Centre’s plan may boost farmers’ solar power use Context The Centre has announced a Rs1.4 lakh-crore scheme for promoting decentralized solar power production of up to 28,250 MW to help farmers, according to R. K. Singh, Minister of State for Power and New and Renewable Energy Kisan Urja Suraksha evam Utthaan Mahaabhiyan or KUSUM scheme The… Continue reading Centre’s plan may boost farmers’ solar power use

