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Addressing Growth Revival and improving delivery systems
Srinivasa Sethuraman |
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India’s Budget for the fiscal year b e g i n n i n g April 1, 2012 - the first year of the 12th Five-Year Plan (2012-17) -has had to be framed in an e...
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Challenges and Opportunities
Pinaki Chakraborty |
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High fiscal deficit number for the year 2012-13 cannot be compared with that of 1990s as fiscal fundamentals now are much stronger. Budget is also inc...
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Taxation Proposals
T N Ashok |
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Pranab Mukherje will probably go down in history as a Finance Minister who did his job well for the country but was never understood in the right pers...
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Agriculture and the Budget
Surinder Sud |
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The 2012-13 Budget, pres e n t e d b y t h e finance minister, Mr Pranab Mukherjee, has dished out a slew
of small, but significant and need-based, m...
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Energy Access and Gender Inclusion in Energy Planning
Jyoti Parikh
Dinoj Kumar Upadhyaya
Rajiv Ratna Panda |
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Despite high economic growth and technological progress in many spheres such as nuclear energy, space and information and communication technologies, ...
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EDITORIAL
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About the Issue |
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The Union Budget 2012-13 presented by the Finance Minister Mr. Pranab Mukherjee on 16th March 2012 seeks to accomplish the path of rapid, inclusive growth by pursuing five major objectives to be addressed effectively in the ensuing fiscal year.Termed realistic and pragmatic the budget focuses on domestic demand driven growth recovery, create conditions for rapid revival of high growth in private investment, address...
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Addressing Growth Revival and
improving delivery systems
Srinivasa Sethuraman |
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India’s Budget for the fiscal year b e g i n n i n g April 1, 2012 - the first year of the 12th Five-Year Plan (2012-17) -has had to be framed in an extraordinarily difficult context - a sharp slowdown in economic growth, persisting
high inflation, unabated surge in international oil prices and resultant subsidies widening fiscal gaps, and trade and finance spillovers from an uncertain global environment.Adding to complexity are the tensions in polity frustrating efforts so far at consensus-building by
the multi-party UPA Government around policies for sound economic management and vibrant advance toward higher growth with inclusiveness as well as global competiveness.
It is against this sombre background that the mature
Finance Minister, Mr Pranab Mukherjee, has carried out one
of the most dexterous exercises in budget-making, designed to bring about a strong economic revival in the new fiscal year with a credible three-year roadmap to reduce subsides and fiscal imbalances.Its su
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J&K Window : Helpline for child rights in the valley