-The Hindu
‘Allocation to job-intensive sectors cut’
“Every single number in the Budget is a lie,” Jayati Ghosh, Professor of Economics at Jawaharlal Nehru University (JNU), said in Mumbai on Sunday of the Union Budget.
India’s current slowdown is worse than that of 1991 and 2008, and the Budget has cut allocations to all employment-intensive sectors, further adding to the mess, said Ms. Ghosh, one of the world’s leading development economists. “All the most employment-intensive sectors like agriculture, employment guarantee, food, health, education, there are cuts.”
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