A critique of the macroeconomic framework that underlies the fiscal consolidation approach of the Union Budget for 2014-15 .
Budget 2014-15
The agriculture sector has grown rapidly in the past decade but this has been on the back of rising real prices and not productivity growth. Budget 2014 made a large number of announcements on new...
The emphasis on use of digital technologies to bridge the "rural-urban gap" in the union budget is limited to high talk and minimal allocations. The need for a more comprehensive and peoples'...
The union budget for 2014-15 offers few changes in terms of policy priorities from the United Progressive Alliance government's interim budget for 2014-15, and it fails to recognise the cracks in the...
In recent years, fiscal consolidation has been led by contraction in government spending. In the Union Budget for 2014-15 revenue mobilisation has received a major thrust, as buoyancies of all major...