Budget

Janata

Modinomics = Corporatonomics Part III

Modinomics = Corporatonomics Part III: Modi’s Budgets and the Social Sectors In the previous four issues of Janata, we first published two articles on Modinomics = Falsonomics, and then in the next two articles, we have analysed Modinomics. We have shown that the Modi Government, if it wants, can raise enough resources to increase its…

Janata

Modinomics = Corporatonomics Part II

Modinomics = Corporatonomics Part II: Budgets and Agriculture In the previous part of this article, we had shown that the government, if it wants, can raise enough resources to implement a whole slew of welfare measures. But instead of doing that, it is more interested in giving away huge subsidies to the tune of several…

Janata

The Subversion of MGNREGS

The Subversion of MGNREGS The National Rural Employment Guarantee Act that brought the MGNREGS into being was a unique piece of legislation in the history of independent India. It stipulated that employment was to be made available on demand, within a fortnight of being asked for, failing which an unemployment allowance had to be paid….

Janata

Budget 2019: Neither Interim, nor Substantial

Budget 2019: Neither Interim, nor Substantial In a pre-election budget speech filled with propaganda about the supposed developmental achievements of the Narendra Modi government, acting finance minister Piyush Goyal read out a text that both window-dressed the revised estimates and violated all norms that should apply to an interim Budget.   Even while engaged in…