Findings of Economic Survey 2015 are cause for worry

Findings of Economic Survey 2015 are cause for worry
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Survey hints at what we can expect from Union Budget 2015-16
Author: Richard Mahapatra
The terms “fiscal prudence” and “fiscal consolidation” appear frequently in the Survey tabled on Friday. What do they mean? To put in plain words, the government has identified subsidies—oil, food and fertiliser—as the most important sector that must now be “rationalised” to unleash the economic potential of the country.
 
Government pins hopes on private investment in renewable energy sector by offering fiscal and financial incentives
Author: Kundan Pandey
Telangana’s farming sector is in grave crisis. The state experienced severe drought this year and received 42 per cent less rainfall, according to the state government. Farmer suicides continue at the rate of three to four every day. In the past two months, about 50 farmers have reportedly ended their lives.
 
The Survey reiterates the government’s commitment to Swachh Bharat Abhiyan
Author: Kundan Pandey
The Economic Survey 2015 is mum about public health infrastructure in India. This has been a major concern raised by people who advocate health rights. But the Survey seems to indicate that the Union Budget may not announce any concrete steps for strengthening health infrastructure.

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