Analysis of Budget 2012-13

Against the backdrop of a slowdown in growth, deteriorating fiscal conditions, inflationary pressure and political turbulence, Union finance minister Pranab Mukherjee presented the Budget 2012-13. Though he made luxury cars, eating out at restaurants or hotel accommodation expensive he failed to deliver on diesel subsidies. At the same time he made life saving drugs, probiotics and iodine cheaper. The budget was a heart-break for environmentalists but it did give agriculturalists a reason to cheer. So what’s good and bad in the Budget: An analysis

 

 

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Analysis

India set for mission Mars By Dinsa Sachan,  Posted on: 16 March 2012 Budget proposes Rs 125 crore for the ambitious project Read more

Science and technology remain out of focus in budget By Dinsa Sachan,  Posted on: 16 March 2012 No funds to promote scientific research Read more

To fast track India’s industrial growth, FM gives sops to mining By Anupam Chakravartty,  Posted on: 16 March 2012 Environmentalists say ministry of finance apathetic towards social environmental consequences Read more

Budget: Thumbs down from farmers and GM industry By Jyotika Sood,  Posted on: 16 March 2012 Say does not increase farmers’ income Read more

Rural health, malnutrition get attention By Sonal Matharu,  Posted on: 16 March 2012 Health sector overall allocated even less than what it received last year, say experts Read more

Real estate: Market happy, but civil society finds it lacking By Moyna,  Posted on: 16 March 2012 External commercial borrowings in low-income housing projects will become unaffordable, they say Read more

Miniscule for renewable energy By Ankur Paliwal,  Posted on: 16 March 2012 But solar thermal project developers happy Read more

Crafty accounting By Richard Mahapatra,  Posted on: 16 March 2012 The budget projects a pro-poor image, while covertly playing to the market Read more

Budget bites on vehicles By Anumita Roychowdhury,  Posted on: 16 March 2012 Fails to restrain use of subsidised diesel in private diesel cars Read more

Custom duty waiver for CFLs in budget: Nothing to cheer about By Ankur Paliwal,  Posted on: 16 March 2012 Likely to make LEDs cheaper only by Rs 10 to Rs 12 Read more

Budget primer

A step by step guide on how Union budget is formulated Union finance minister Pranab Mukherjee will present his budget for the year 2012-13 at a time when economic growth has... Read more

Budget Timeline

Budget through the years Compiled by Roomana Hukil,  Posted on: 05 March 2012 The first budget of India covered just 7-1/2 months, from August 15, 1947, to March 31, 1948. The main highlight of the first budget... Read more

Budget through the years post liberalisation

Down To Earth has been critiquing budget provisions and how they impact the environment, agriculture, rural and social sectors over the years. A selection of these articles and editorials: Read more

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