Thread by @akshaytarfe

Thread.

How #UnionBudget2021 cut off health, education & social sector financing while claiming otherwise!
When 84% households have reported reduction in income, the budget has provided subsidies, tax holidays & incentives to businesses & startups instead. #FightInequality

Despite govts all over the world imposing COVID tax & 78% people in @FightInequality supporting 2% COVID cess on the rich, the #Budget2021 failed to do so. Instead GoI has 80,000 crores shortfall to meet expenditure targets which will be met through private market borrowings!

All headlines speaking abt exponential increase in spending have to be read carefully. The overall #Budget2021 has increased only by 1 percent from the revised estimate of 2020-21 with cut in education budget.
indianexpress.com/article/india/…

Despite frontline health workers such as Anganwadi and Asha workers being at the forefront of the COVID response, the #Budget2021 fails to allocate funding for ensuring minimum wage and insurance for all frontline health workers.

. @OxfamIndia estimate shows if India’s top 11 billionaires are taxed at just 1 percent of their wealth, it would pay the average wage of nine lakh ASHA workers in the country for 5 years. @FightInequality

Despite the much touted emphasis on health, health ministry budget has increased only by Rs 7000 crore from Budget Estimates of 2020-21 and declined by 9.8% from Revised Estimates of 2020-21. #Budget2021

Allocation of Rs 35,000 crore for COVID vaccination might be insufficient to ensure free, universal and timely vaccination given that it would cost Rs 52,000 crores for entire population.
indiaspend.com/budget/despite…

Crores of children are out of school due to the pandemic yet #Budget2021 has no provision to utilise out of school & gender inclusion fund under NEP. The govt has also failed to allocate 6% of GDP to education as promised under NEP.

Instead of addressing privatisation of education, it proposes roping in private companies and NGOs for setting up Sainik schools, hitherto solely run by the Ministry of Defence. #Budget2021

The Budget proposes strengthening 15,000 schools to include all components of the NEP; this constitutes barely 1% of the total government and government aided schools in the country. #Budget2021

When violence against women is at its peak, The “Mission for Protection and Empowerment for Women” scheme witnessed a drastic decline from Rs 1163 crore to a mere Rs 48 crore, while unpaid care work has still not been addressed at all. #Budget2021

While the #Budget2021 speech mentions the focus on women empowerment, gender budget does not witness an increase in priority; it remains at around 4.3% of total budget.
theleaflet.in/indias-irony-w…