Posts Tagged Budget

Who Is Poor?

This is a very critical question. All planning and the whole budget exercise hinges around the definition of the poor. The Planning Commission of India had earlier defined a poor person as one whose daily income did not exceed rupees 32. In US dollar terms it comes to around 62 cents. It had raised a […]

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Making Government Facilities non-Functional

One reason for so much public anger against the government is a direct outcome of vested interests making every government facility non-functional. Advanced diagnostic facilities in most government hospitals in the national capital, Delhi, are reported to be “non-functional or partially functional” due to which patients are compelled to go to private laboratories and facilities. […]

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Subsidy misnomer for Investment

Every year at the budget time, Economists express great worries about the rising figures of subsidies, especially those on fertilizers. Pre-budget commentaries this year too are no different. But the Economists must understand that there is no subsidy. There is nothing gratis. The government does not do charity to the farmer by making available chemical […]

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