I PRESENT the Budget for 2023-24. This is the first Budget in Amrit Kaal.” Going by the norms of presenting the Union Budget—a constitutional exercise—this first line of Finance Minister Nirmala Sitharaman was a departure from the tradition as it talked of transforming the country’s annual financial statement into a futuristic vision document. This practice has started only last year.
On February 1, 2022, Sitharaman introduced the Amrit Kaal (era of elixir) in her budget speech and defined it as the next 25 years of development to mark the country’s 100th independence year in 2047. She qualified the budget for 2022-23 as the one seeking “to lay the foundation and give a blueprint to steer the economy” during this era. In the budget, she claimed to roll out the first set of development tenets for this “era”. “This vision (of Amrit Kaal) focuses on three things: first, facilitating ample opportunities for citizens, especially the youth, to fulfil their aspirations; second, providing strong impetus to growth and job creation; and third, strengthening macro-economic stability.”
The budget 2023-24’s context makes it a defining one—it is the last full budget before the ruling National Democratic Alliance seeks re-election in May 2024, and being the first budget of the post-covid period, expectations were that it will lay out a blueprint for accelerating the Indian growth story as opposed to merely responding to the setbacks produced by the pandemic. This also means the crisis time in economic terms is over, and the budget should now reflect the intention to build on pre-pandemic economic indicators.
هذه القصة مأخوذة من طبعة February 16, 2023 من Down To Earth.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 16, 2023 من Down To Earth.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
INVISIBLE THREAT
Significant presence of microplastics in Puducherry’s agricultural soil raises concerns for soil and crop health
Feeding off each other
VEGETARIAN MOVEMENTS IN SOUTH ASIA AND THE WEST GREW WITH MUTUAL SUPPORT AND VALIDATION
India's unhealthy patent amendments
Despite strong pleas, the Modi regime has changed the rules to impose a cost on those who challenge faulty patents
URBAN DISCOMFORT
Poorly planned, heat-trapping infrastructure, along with dwindling natural spaces, turn up the temperatures in major Indian cities
BLAZING SUN IS ON
Rising temperatures are testing the limits of human tolerance to heat. With their predominantly built-up landscape, urban areas offer no respite. A study by the Centre for Science and Environment on the morphology and heat patterns of nine Indian cities over the past decade shows how these urban centres are turning into heat islands with a potentially serious impact on human health. An analysis by Rajneesh Sareen, Mitashi Singh and Nimish Gupta, with Shagun in Haryana and Kiran Pandey
"H5N1 may be more severe than COVID-19"
In early April, the US confirmed the first case of avian influenza in livestock, along with cow-to-human transmission of the virus disease.
A PSYCHEDELIC HIGH
Driven by surge in global trials and low success rate of current medications in treating mental health problems, researchers call for home-grown clinical trials of psychedelic drugs
Locked out
Two years after becoming the only state to be excluded from the Centre's ruralemployment guarantee scheme, villages in West Bengal grapple with distress migration and debt traps
'Protection from climate change part of right to life'
The Supreme Court of India, on April 5, recognised that citizens have a right to be free from the adverse effects of climate change, saying it is intertwined with the fundamental rights to life and equality. Here are the key arguments articulated by the three-judge bench of Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra in their judgement
Weaving dreams
Tribal communities in West Bengal slowly embrace traditional weaving to ensure sustainable livelihood