The first full-year budget of the National Democratic Alliance government announced a sharp focus on investment, growth and social security. In addition, Budget 2015-16 claims to have given a boost to cooperative federalism. The budget indeed makes numerous impressive-sounding announcements, but stumbles in the details. This article focuses on the attention-grabbing push for investments and finds that the target of Rs 70,000 crore investment may be over-ambitious. As far as devolution of funds to states is concerned, the recommendations of the Fourteenth Finance Commission have been diluted and the states may find themselves short-changed.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/long-announcements-short-intent
[2] http://admin.indiaenvironmentportal.org.in/category/author/ajit-karnik
[3] http://admin.indiaenvironmentportal.org.in/category/author/mala-lalvani
[4] http://admin.indiaenvironmentportal.org.in/category/journal/economic-and-political-weekly
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/budget
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/political-parties
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/infrastructure-development
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/statistics
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/public-sector
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lpg
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-security
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/farmers
