News: Recently unveiled budget proposes many initiatives for health sector like digitally managed health ecosystem and provisions for mental health. But, many expectations for the health sector remain unfulfilled. What are the limitation in current budget’s approach towards health sector? Budget’s emphasis on Digital technology could be a game-changer, but only if the facility, doctors, patients,… Continue reading Budget disappoints on healthcare
Author: Luv Sharma
A budget that overlooks real needs
News: The recently presented budget has digital technology at its core. It focusses on providing important services like education, health, employment to even the remotest corners of the country with the help of digital initiative. However, there are apprehensions that this may not be appropriate to solve the pressing issue of rural India What are… Continue reading A budget that overlooks real needs
Fiscal management during a pandemic
News: India’s actual growth performance for the fiscal years 2020-21 and 2021-22 was above the projections made by the Finance commission. Even for the fiscal year 2022-23, the economy is projected to grow at 11% (at current prices) compared to 9.5% projected by the Commission. Contents1 What is the effect of this improved growth performance? 2… Continue reading Fiscal management during a pandemic
Frequent marine heatwaves in Indian Ocean disrupt India’s monsoon pattern
News: A phenomenon called Marine heat waves (MHW) have increased significantly in the past few decades in the Indian Ocean region. This is also impacting the Indian monsoon. Contents1 What are marine heatwaves and why they occur? 2 What is the impact on the oceans? 3 How are they impacting the Indian monsoon? 4 What is the way… Continue reading Frequent marine heatwaves in Indian Ocean disrupt India’s monsoon pattern
A less taxing state
News: India has had a very high rate of tax litigation. Therefore, Government has recently announced that the overarching aim of direct tax policy reform is to move towards a simpler regime, without exemptions and low rates. What has been the status of tax litigation in the country? In 2014-15, about Rs 2.1 lakh… Continue reading A less taxing state
Creating jobs by increasing Capex
News: Recent budget has put a lot of attention into enhancing capital expenditure. It is due to the huge potential of capex to generate employment. Contents1 What is the employment scenario in India? 2 What is capex and its multiplier effect? 3 What are the provisions in recent budget regarding capital expenditure? 4 What are other positive trends… Continue reading Creating jobs by increasing Capex
Artificial intelligence technologies have a climate cost
News: Recent budget has described AI as a sunrise technology that has the potential to assist sustainable development at scale and modernise the country. While a large amount of focus is on achieving economic prosperity and global competitiveness with AI, there is hardly any acknowledgement of the environmental cost associated with it. What is… Continue reading Artificial intelligence technologies have a climate cost
The Budget has ignored the poor
News: The 2022-23 Union Budget was presented in the backdrop of acute unemployment, growing poverty, burgeoning wealth and income inequalities, and accelerating inflation which affect the poor disproportionately. However the recent budget falls short of addressing these concerns. Where is the current budget lacking in addressing the problems of the poor? Not enough government… Continue reading The Budget has ignored the poor
A recipe to deepen the distress in rural economy
News: The pandemic induced slowdown has disproportionately affected those at the bottom. Also the economy specially the rural economy had been facing challenges due to demand deficiency even before the pandemic started. Given that monetary policy has limited success in dealing with a crisis of this nature ,fiscal policy is expected to play the dominant… Continue reading A recipe to deepen the distress in rural economy
Budget sets up the digital pitch for India to bat on
News: Finance Minister has recently presented the budget. Although there are many positives in the Indian economic scenario like with 9.3% India is the fastest-growing large economy, it has over $630 billion of foreign reserves equalling 13 months of imports. However there are some challenges too like the problem of unemployment rate. How the… Continue reading Budget sets up the digital pitch for India to bat on
