As Budget 2017 was announced by the Union government on 1 February, find below a curated analysis by CPR faculty.
- Pratap Bhanu Mehta writes in The Indian Express that through this budget the government is trying to steady the ship after the demonetisation shock, explaining how it ‘is an exercise in forward-looking but cautious prudence’.
- In an article in Hindustan Times, Rajiv Kumar writes that the budget is what the ‘doctor ordered for the economy’, as it addresses the critical tasks of ‘generating employment, promoting private investment, pushing up consumption, improving delivery of subsidies and public services’. He further writes in The Hindu on how the budget fulfills the three principle goals of reviving domestic investment; generating employment opportunities; and cleansing the economy of black money flows.
- Yamini Aiyar writes in Livemint and in a Hindi article in Amar Ujala that the budget has maintained the status quo, as far as social sector schemes are concerned, and has been ‘remarkably silent’ on restructuring the ‘financing architecture for social policy post the 14th Finance Commission’. Avani Kapur reiterates this in another article in Deccan Herald, writing that despite riding high on expectations, Budget 2017 did not offer any major changes in majority of social sector schemes.
- Kiran Bhatty writes in The Wire that the ‘attention deficit’ towards education remains unchanged in this year’s budget.
- Sanjaya Baru and Rajiv Kumar also debate the budget on CNN News18 and Times Now (above) respectively.