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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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No clean slate -Arvind Virmani

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

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Why poor people in Delhi are desperate to get their babies uniquely identified -Aarefa Johari and Mayank Jain

-Scroll.in Delhi government continues to deny food rations to people without Aadhar cards, even though a Supreme Court order expressly prohibits this On the 15th of every month, thousands of slum residents in Sheikh Sarai in Delhi pour out of their tenements and head to the ration shops to pick up their share of subsidised grain. But in recent months, many have been coming back home without their full share. This isn't because...

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Stopping foodgrain buying by FCI will be harmful for farmers: Punjab

-PTI Chandigarh: Punjab government on Friday asked the Centre to reconsider its decision of stopping foodgrain procurement by FCI from Punjab, saying it will prove to be "very harmful" for the farming community and could lead to "distress selling". "The Centre's move of stopping procurement of foodgrain from states like Punjab could prove to be very harmful for state growers as they could be denied of appropriate prices of their crop (in...

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States object to cash transfer of food subsidy -Sayantan Bera

-Livemint.com Odisha, MP among those saying the move may compromise food security in some of the nation's poorest parts New Delhi: Plans by the centre to initiate cash transfers to poor households under the public distribution system (PDS) may run into trouble, with some states-notably Odisha and Madhya Pradesh-raising objections on the grounds that such a move may compromise food security in some of the poorest parts of the country. The states'...

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