Budget 2023–24: What Is in it for the People? Part 8: Education Budget
An analysis of the budgetary allocations for education in Union Budget 2023-24, in the context of the claims made in the New Education Policy 2020.
The Reason Behind BJP Raising Women’s Reservation Issue
The BJP raising the women’s reservation issue, in the last eight months of a nine and a half year tenure of the Modi government, appears to be wanting to take the heat off serious concerns that have tarred the record of this government around the safety and well-being of women.
Budget 2023–24: What Is in it for the People: Part 7 – The Budget and Agriculture
The 2023–24 budget for agriculture is simply devastating for farmers — it is as if the Modi Government is taking revenge on farmers for their historic movement that forced the roll-back of the three farm laws. The seventh article in our analysis of Union Budget 2023.
The Hollowness of the Modi Government’s Tall Claims and Self-Praise on Economy
The BJP and Prime Minister Modi use official data to buttress their tall claims on growth, inflation and other issues. The ground reality is at variance from the rosy depiction by the government.
Budget 2023–24: What Is in it for the People? Part 6: Cut in Social Sector Expenditures, Transfers to States
Despite the already abysmally low social sector expenditures of the country, the Centre has made huge cuts in its spending on the people to compensate for the huge increase in capex (and the meagre increase in budget outlay).
Budget 2023–24: What Is in it for the People? Part 5: Hike in Capital Expenditure
While the budget outlay is stagnant in real terms, the FM has announced a hike in capital expenditure — of a whopping 37.4%. This is the third year in succession that she has announced a big hike in capex. She claims this “enhance growth potential and job creation”. Will it?
Budget 2023–24: What Is in it for the People? Part 4: Analysis of Budget Outlay
The Indian economy is in stagflation. Further, the people are facing a colossal unemployment, poverty and hunger crisis. For the economy to have a sustained recovery, it is important that the government greatly increases its expenditure. Has the Budget 2023 done anything towards this?
Budget 2023–24: What Is in it for the People? Part 3: The Modi Government’s Approach to Budgetary Revenues
In the third part of this series, we take a look at the overall approach of the Modi Government towards budgetary revenues and budgetary spending. That would give us pointers towards examining this year’s budget — to see if anything has changed.
Budget 2023–24: What Is in it for the People? Part 2: The Economic Situation in 2022–23
In this second part of this year’s budget analysis, we take a look at the economic situation in the country, in the background of which the FM presented her budget.
Budget 2023–24: What Is in it for the People? Part 1: The External Sector
The first article in our budget analysis series for this year. We begin our discussion of the Union Budget 2023–24 with a brief discussion of India’s external accounts situation. Amazingly, the budget speech does not contain a single line as regards the country’s external accounts situation.