|
| |
| Mar
10th 2011, Jayati
Ghosh |
|
| Cash
transfers cannot and should not replace the public provision
of essential goods and services, but rather supplement
them. However, the current tendency is to see these
as a further excuse for the reduction of publicly provided
services. In India, where much of the development project
still remains woefully incomplete, the urge to adopt
this latest international development fashion involves
several risks. |
|
| |
| Mar
10th 2011, C.P.
Chandrasekhar |
|
| This
budget is afflicted to a far greater degree than before
by a kind of cynicism that leads to policy paralysis.
It lacks any focus or strategy whatsoever, and sticks
to fiscal conservatism. Thus while paying lip service
to ''inclusion'', it delivers little of it, since very
few of the incremental expenditure allocations are significant
when measured as a ratio to GDP. |
|
| |
| Mar
9th 2011, Jayati
Ghosh |
|
| The
budget allocations for the education sector are not
sufficient for fulfilling the commitments made by the
Centre in the sector. In particular, it seems that the
financial burden of ensuring the right to education
is to be thrust on the state governments, which might
find it difficult to raise the required resources. |
|
| |
| Mar
7th 2011, Jayati
Ghosh |
|
| The
Budget certainly benefits the Indian elite class, but
the conditions of the majority of people whose lives
continue to languish in dreadful conditions are not
going to get better. This is because it has not addressed
the two major issues that matter for most people, namely
food inflation as well as productive and gainful employment. |
|
| |
| Mar
7th 2011, Jayati
Ghosh |
|
| The
Budget is remarkable for its effective rejection of
the interests of the common people. Instead of focusing
on measures that will increase food supply and food
distribution, the government has curtailed allocation
for food subsidy. In the case of employment, the presumption
seems to be that economic growth on its own will deliver
more jobs; but this is not likely. |
|
| |
| Jul
2nd 2007 |
|
| The
recent high output growth figures in India have not
been accompanied by commensurate growth in employment.
Making growth inclusive with respect to employment generation
is thus one of the most formidable challenges facing
the Indian economy today. Against this backdrop, a seminar
was organized to clearly bring out that growth per say
need not solve the problem of economic development defined
broadly in terms of social opportunities. |
|
|
