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Budget 2015-16 takes a leap towards market fundamentalism: CBGA

-Centre for Budget and Governance Accountability (CBGA) Press Release   New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...

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8 Centrally Sponsored Schemes Delinked from Support of the Centre

-Press Information Bureau/ Ministry of Finance The plan outlay of 2015-16 reflects the compositional shift in the allocations for various Programmes and Schemes in view of high devolution; 42% of Union Taxes, to States as per the recommendation of 14th Finance Commission. Making his Budget Speech while presenting the General Budget 2015-16, the Finance Minister, Shri Arun Jaitley said that consequent to this substantially higher devolution, many schemes on the State...

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Unsafe after sunset -Milan Vaishnav & Neelanjan Sircar

-The Hindu Perceptions of public safety in India are not driven by urbanisation per se; rather, these are likely driven by the infrastructure and amenities associated with the largest cities in India One of the most important functions of a modern state is to provide for basic law and order. Indeed, this idea emerges from some of the early foundational tracts on state authority, especially the work of sociologist Max Weber, who...

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Through the smog, darkly -Awadhendra Sharan

-The Hindu   With the world's most toxic air, Delhi struggles to breathe. Although its challenges are many, going forward, the city must learn a few basic lessons from the past The summer of 1857 is well-etched in the Indian psyche as the summer of revolt, of a mutiny against the British. Earlier that year, however, there was a smaller initiative that bears recollection - for it speaks of an unfinished agenda of...

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Participatory Budget knocking on Delhi's door

Quite opposite to the top-down model of budgeting, the newly elected Aam Aadmi Party-led Government in Delhi has decided to go for a 'citizen-centric' budget planning at 'mohalla'-level for the fiscal year 2015-16. Drawing lessons from the success stories of participatory budgeting conducted at municipal-level in cities like Porto Alegre (Brazil), the AAP-led Delhi Government has decided to launch this form of decentralized budgeting on a pilot basis in a...

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