मोदी सरकार के आम बजट को लेकर अखबारों की कवरेज इस बार काफी मतभ्रम की शिकार नजर आई। हिन्दी अखबार तो यों ही ज्यादातर शाब्दिक बाजीगरी का सहारा लेते रहे हैं, अंग्रेजी के अखबार भी फीके नजर आए। अलबत्ता अखबारों के सम्पादकीय पेजों पर बजट को समझने की कोशिश की गई है। अमर उजाला के पहले सफे के शीर्षक और सम्पादकीय पेज की सामग्री में विसंगति दिखाई पड़ती है। नवभारत टाइम्स विश्वकप क्रिकेट के प्रोमो 'मौका-मौका' से प्रभावित है। हिन्दुस्तान ने अपने ही कई साल पुराने क्रिकेट के रूप का इस्तेमाल किया है। इन कोशिशों में विषय को समझने की गम्भीरता नजर नहीं आती। बजट पर मीडिया का नजरिया पेश हैः-
An imaginative and deft balance
Finance Minister Arun Jaitley may just have managed to achieve what some of his predecessors attempted but failed. In a performance that is striking in its imaginative balance, Mr. Jaitley has deftly reconciled the interests of business and the markets on the one hand and that of the masses, or aam aadmi, if you will, on the other, and all this without taking his eyes off the fiscal deficit ball. His second budget, which is also his first full-year one, has proposals that incentivise savings, increase social security and pension coverage of citizens and ideas to harness the idle gold lying in family lockers.
The Hindu Business Line
The Modi imprint on the Budget
Like the Railway Budget, this one also had the feel of a vision document, the work of a government that knows it is here to stay for another four years and that it is dealing with an economy that is beginning to show signs of a revival.
Piggybacking on Modi’s reputation for execution, the budget laid down ambitious quantitative targets on housing-for-all, road connectivity and sanitation by 2022 — India’s 75th year of independence.
How reasonable are the budget numbers?
Independent India’s first federal budget
There’s one big item of expenditure that is coming down, and that’s subsidies, particularly petroleum subsidies
Manas Chakravarty
The first thing noticeable about the budget numbers is that they predict nominal gross domestic product (GDP) growth for 2015-16 at 11.5%, which is the same growth rate estimated by the Central Statistical Office (CSO) for the current fiscal year. Finance minister Arun Jaitley says real GDP growth in 2015-16 will be between 8% and 8.5%, which implies the government expects average inflation in the next fiscal year will be 3-3.5%, measured by the GDP deflator, which is more or less what the Economic Survey estimated. Inflation according to the GDP deflator for the current fiscal year, according to CSO’s numbers, works out to 3.8%. So the nominal GDP number for 2015-16 seems to be eminently reasonable, provided 8% real growth happens.
Read more at: http://www.livemint.com/Money/uuDdeTPVjqRsjcgH4DC8MP/How-reasonable-are-the-budget-numbers.html?utm_source=copy
Read more at: http://www.livemint.com/Money/uuDdeTPVjqRsjcgH4DC8MP/How-reasonable-are-the-budget-numbers.html?utm_source=copy
No budget in recent memory or distant history has transferred this magnitude of financial resources to the states as this budget has done
Haseeb A Drabu
The first full-year budget of Arun Jaitley is what the Indian Constitution is meant to be: unitary in form and federal in spirit. The Union Budget for 2015 is arguably independent India’s first federal budget. No budget in recent memory or distant history has transferred this magnitude of financial resources to the states as this budget has done—not even in 1974-75 when the share of states in excise duty was doubled. This, the stated position of cooperative federalism of Prime Minister Narendra Modi should pave the way for a union of states budget in the next 10 years, if not sooner.
Read more at: http://www.livemint.com/Opinion/OOd013UloDcMVzlvUqejgM/Towards-A-Union-of-States-Budget.html?utm_source=copy
The first full-year budget of Arun Jaitley is what the Indian Constitution is meant to be: unitary in form and federal in spirit. The Union Budget for 2015 is arguably independent India’s first federal budget. No budget in recent memory or distant history has transferred this magnitude of financial resources to the states as this budget has done—not even in 1974-75 when the share of states in excise duty was doubled. This, the stated position of cooperative federalism of Prime Minister Narendra Modi should pave the way for a union of states budget in the next 10 years, if not sooner.
Read more at: http://www.livemint.com/Opinion/OOd013UloDcMVzlvUqejgM/Towards-A-Union-of-States-Budget.html?utm_source=copy
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