-Newsclick.in Allowing 100% FDI in coal mining is raising apprehensions that foreign companies will now ‘plunder’ mineral resources for commercial purposes for sale in the open market. The Narendra Modi government’s decision to allow 100% foreign direct investment (FDI) in coal mining has been opposed by the Left on the ground it would enable multinational mining companies to “plunder” the country’s mineral resources. Those supporting the move, however, argue that foreign investment in...
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Body blows to Indian education -Debaditya Bhattacharya
-The Telegraph Nirmala Sitharaman’s budget spells out the colossal failure that the draft NEP is fated to be In her budget speech on July 5, the finance minister, Nirmala Sitharaman, reiterated the government’s plan of bringing in a new National Education Policy, thereby initiating “major changes in both school and higher education”. Her announcement comes close on the heels of a draft NEP published by the ministry of human resource development in...
More »Five-year Yoga Day bill: Rs 114 crore -Vishal Narayan
-The Telegraph Allocation in some years was higher than the national commissions for SCs, STs, safai karmacharis and denotified tribes New Delhi: The ministry of AYUSH has spent Rs 114 crore celebrating the International Day of Yoga between 2015 and 2020, an RTI reply has revealed. In its reply, the ministry informed this website that it spent Rs 16.39 crore in 2015, Rs 18.03 crore in 2016, Rs 26.42 crore in 2017,...
More »YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »Is farmer income support a sustainable solution? -Sanjiv Phansalkar
-VillageSquare.in Income support to smallholder farmers is similar to palliative measures like minimum support prices or loan waivers that do not address the problem of an unsustainable population living on a fixed resource base The government in the budget for this year has announced an allocation of Rs 75,000 crore for direct income transfer of Rs 6,000 annually for every farmer who owns less than 2 hectares of land. This amount...
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