Growing needs for financing development interventions and strict borrowing limits set by the Fiscal Responsibility and Budget Management (FRBM) Act forced the Union Government in India to look out for ways for increasing its revenue.

Kaisa Ho Naye Bharat Ka Aam Budget-Dainik Jagran

As the country continues to strive to achieve energy security, there is ample evidence of unmet demand for access to electricity and cleaner energy in rural areas.

The government of India is yet to recognise and institutionalise the right to health as a universal right of every citizen. India’s public spending on health, at about one per cent of the country’s GDP, has been among the lowest in the world.

In the context of Union Budget for 2013-14, to be presented on February 28, some of the reports in the print media have indicated that the finance ministry could reduce the budget outlay for some of the social sectors in 2013-14 as compared to the outlay in 2012-13.

Union Budget 2013-14 is an opportunity for the government to address key concerns related to tax policies in the country which have wide socio-political ramifications.

The need for focusing on the concerns of the most disadvantaged sections of population has remained at the core of development planning in India since early 1950s. Planning and budgetary strategies for disadvantaged and excluded groups such as the Scheduled Castes (SCs), Scheduled Tribes (STs), religious minorities and women are discussed in this piece.

Taxation-Concepts-and-Trends-Employment-News

Budget of a government refers to a comprehensive statement of its expenditures and receipts for a particular financial year.

This article examines the priority accorded to agriculture and allied sectors in India’s public expenditure over the last two decades, with specific attention to budgetary spending by the eastern region states.

Given the scale of deprivation, hunger and malnutrition at present, it was expected that budget 2012-13 would accord top priority, in terms of allocating adequate resources under food subsidy, to address these concerns. But unfortunately, like business as usual, the Union Budget outlay increased marginally towards food security, which is way below the level of expectation.

On States’ shoulders-Frontline