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Sitharaman has loosened the purse strings in Budget 2021: How will it fast-track India's growth?


FM Sitharaman has loosened the purse strings in Budget: How will it fast-track India’s growth?
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FM Sitharaman has loosened the purse strings in Budget: How will it fast-track India’s growth?By
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Synopsis
Chief Economic Adviser Krishnamurthy V Subramanian argues that Budget 2021 will not only propel growth in the next fiscal but also lay the foundation for the coming decade. He highlights the massive spend on healthcare and core sector projects as well as reforms in the financial sector.
Finance Minister Nirmala Sitharaman (File Pic)
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The coronavirus pandemic seems to be on the wane in India and vaccination is well underway. The glimmer of light that we are waiting for at the end of a long pandemic year is still not visible but it could be close by, possibly around the bend. ....

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Wrong to term economic crisis act of God, govt policies responsible: CPI

Binoy Viswam did not support the motion of thanks on the President s address. He also urged the government to bring a national employment act on the MGNREGA model and said there should be an employment scheme for addressing the problem of unemployment among the youth of the country. ....

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Sow No Hope | Outlook India Magazine


outlookindia.com
2021-02-05T14:07:15+05:30
Agriculture and allied activities, which clocked a growth of 3.4 per cent at constant prices during 2020-21 (first advance estimate) according to the
Economic Survey, did not get due attention in the Union budget announced by finance minister Nirmala Sitharaman. Despite being seen as a growth driver at a time when manufacturing and services are still struggling to regain their momentum, this sector seems to be lower down on the government’s priority list. Not just has the total farm sector allocation fallen from 5.1 per cent to 4.3 per cent in absolute terms, from Rs 1.54 lakh crore to Rs 1.48 lakh crore but there is also a lack of adequate focus on ­improving productivity and ensuring better incomes for farmers. ....

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