The Union Budget 2026–27 introduced an Infrastructure Risk Guarantee Fund (IRGF), announced by Finance Minister Nirmala Sitharaman as a mechanism to support infrastructure projects during the design and construction phases. The budget has allocated...
The advocacy group Centre for Financial Accountability (CFA) has sharply criticised the Union Budget 2026–27, calling it a “budget sans kartavya” that weakens public welfare while favouring private corporations, even as inequality, climate risks...
Budgets are supposed to deliver the promises made by the ruling party, address challenges before the economy, and achieve the constitutional goals. One of the most important constitutional goals is to bring down inequality...
An Analysis of the Union Budget 2026-27 Listening to the Finance Minister’s speech right after reading the Economic Survey felt as if the sound and fury of the Survey signified nothing. The Survey, sans...
The still rising global green house gases emissions
If one were to rely on the official data released by the government, India’s economy is claimed to be in a comfortable position today on four key parameters—high growth rate, global ranking in Gross...
The real test for Budget 2026 is not just what headline “job stimulus” the government announces, but whether it actually raises the quality of work. When the Bharatiya Janata Party took office in 2014,...
The finance ministry needs to acknowledge that relying on NBFC-led credit delivery while banks retreat from small-ticket lending is neither equitable nor sustainable. For several years now, India’s Union budgets have relied more on...
The only option for India is to reduce dependence on the external markets and boost internal markets via income support to the marginalised which can more than make up for the loss of external...
Climate emergency is simultaneously also the crisis of labour and livelihood, health and agriculture and biodiversity, and a direct outcome of our industrial and infrastructural development. The climate emergency is live. As smog, debris,...
It is rather amusing that in today’s context, when the winds seem to be changing directions and there are talks of higher tariff walls and protectionist moves, the prescription remains the same – more...
The expenditure budgeted for the year 2023-24 is 192 crores which is 50% less than the budget of the previous years. At the face of it, it would seem that India is phasing out...
The Godi media which had been asking for opinions from people on what is needed from the budget has forgotten the wishes of people and showering encomium on the Finance Minister who has made...
While claiming that India is number one in vaccination, the Economic Survey presents a chart of a few countries, leaving out China. To show our spending in the social sector is worthwhile, it provides...
The rich are getting richer and the poor poorer. For a change, we need a pro-people budget. Experts and activists present a wish list.
