Discover and read the best of Twitter Threads about #EffectiveDemand
Most recents (2)
[1/n]. Budgetary allocation for #MGNREGA has been slashed from Rs. 71,002 crore in 2019-20 (R.E.) to Rs. 61,500 crore in 2020-21 (B.E.) viz. a fall of Rs. 9,502 crore (-13.4%). URL is bit.ly/2GI2cbf #UnionBudget2020 #EffectiveDemand #RuralDemand @kkuruganti @someshjha7 
@kkuruganti @someshjha7 [2/n]. In comparison to #MGNREGA allocation of Rs. 60,000 crore in FY 2019-20 (B.E.), the rise in allocation in FY 2020-21 (B.E.) is just by Rs. 1,500 crore (viz. 2.5%). URL is bit.ly/2GI2cbf #RuralWages #KeynesianIntervention @businessline @Outlookindia
@kkuruganti @someshjha7 @businessline @Outlookindia [3/n]. In Budget at a Glance document (bit.ly/39223M3), nominal #GDPgrowth in 2020-21 over 2019-20 is expected to be 10%. It means that #MGNREGA allocation (B.E.) as %age of #GDP in 2020-21 is expected to be lower vis-a-vis what was there in 2019-20. #UnionBudget2020
Budgetary allocation for #MGNREGA has been slashed from Rs. 71,002 crore in 2019-20 (Revised Estimates) to Rs. 61,500 crore in 2020-21 (Budget Estimates) viz. a fall of Rs. 9,502 crore (-13.4%). URL is indiabudget.gov.in/doc/Budget_at_… #EffectiveDemand
In comparison to #MGNREGA allocation of Rs. 60,000 crore in 2019-20 (B.E.), the rise in allocation in 2020-21 (B.E.) is just by Rs. 1,500 crore (viz. 2.5%). #unionbudget_2020 @newsclickin @sayantanbera @the_hindu @rozi_roti @NREGA_Sangharsh
@newsclickin @sayantanbera @the_hindu @rozi_roti @NREGA_Sangharsh Headline #retailinflation increased to 4.1% in 2019-20 (Apr-Dec, 2019) as compared to 3.7% in 2018-19 (Apr-Dec, 2018), according to #EconomicSurvey2020. URL is im4change.org/docs/497echapt… #MGNREGA #Budget2020 #FiscalStimulus #RuralDemand
