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A 30-year, Rs 50,000 Crore Child-Care Effort Fails To Deliver

The Government allocated Rs 17,700 crore for the Integrated Child Development Services (ICDS) Scheme in its Budget 2013-14. The ICDS is today the 5thlargest flagship scheme of the Congress-led UPA…

The Government’s Track Record On Revenue Is Better Than You Think

“The purpose of a Budget exercise – and the job of a Finance Minister – is to create the `economic space’ and find the resources to achieve various socio-economic objectives.…

Does Gender-Based Government Spend Work?

Women constitute 48% of India’s population but they lag behind men on many indicators like health, education and economic opportunities. The all-India sex ratio, according to Census 2011 data, is…

Why India’s Current Account Deficit Problem Vexes Everyone

In his latest Budget Speech on 28th February 2013, Finance Minister P Chidambaram expressed concern over India’s Current Account Deficit (CAD), saying “CAD continues to be high mainly because of…

Can India’s 150,000 Post Offices Really Become Banks?

India’s post offices (India Post) have tried to function as banks but have lacked an integrated banking structure or a core banking solution. Without integration, customers are confined to dealing…

Budget 2013: Here’s What The Government Is Really Betting On

  India’s Union Budget 2013-14 was presented on February 28, 2013 against a backdrop of a slowing economy and stalling investment.   IndiaSpend contributor Anupam Gupta takes a closer look…

IndiaSpend Budget 2013 Primer – IV: The Three Numbers That Matter

  Highlights * With growth dipping to less than 6%, tax collections till December is only 63% of Budget estimates* Fiscal deficit, the gap between government expenditure and revenue, has…