Budget for the Rich to get Richer and throw Crumbs to the Poor

Published By: New Trade Union Initiative | Published Date: March, 02 , 2015

A substantial part of the 2015 Budget Statement is interspersed with the promise that ‘every rupee of public expenditure…will contribute to the betterment of people’s lives through job creation, poverty elimination and economic growth’. In this article, the author parses the budget statement to test whether the growth inspired by this budget will indeed contribute to job creation and poverty elimination; and whether this rate of growth will introduce stability in the economy and what its distributional consequences will be for the working class.

Author(s): Gautam Mody | Posted on: Mar 03, 2015 | Views() | Download (147)


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