-Livemint.com Overall, we find that social sector investments have in fact increased across all states, except Bihar In February 2015, the Government of India accepted the Fourteenth Finance Commission’s (FFC) recommendation to empower states with greater expenditure discretion. The states’ share in Union taxes, therefore, increased from 32% to 42%. While the move holds the promise to reform India’s centralized, one-size-fits-all approach to financing the social sector, the process adopted by...
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More than Make in India, Jaitley Needs to Focus on Farm in India -Devinder Sharma
-TheWire.in We are in a moment when the global economy shows no signs of revival; Russia and Japan are faced with recession, and emerging economies like Brazil and South Africa are in dire straits. There is no silver lining visible as far as domestic industrial growth is concerned. At such a time, all eyes are on Union finance minister Arun Jaitley to see how he plans to sustain economic growth that...
More »Budget 2016: Nirbhaya Fund is a dud; Jaitley should urgently find ways to utilise it -Kanika Kaul
-FirstPost.com The high incidence of violence against women and the ensuing public outcry has brought the issue to the forefront of the policy discourse in the last few years, underscoring the need for the government to undertake substantive interventions to address gender based violence. It was against this backdrop that the former Finance Minister, in his Budget Speech in 2013-14 announced the introduction of Nirbhaya Fund, acknowledging that “...As more women...
More »Polavaram is reaping the Jan Dhan benefit -Gunturi Naga Sridhar
-The Hindu Business Line The scheme has made life easier for the people of this Andhra Pradesh village, one of the first in the state to have 100 per cent financial inclusion. But the local experience also throws up a few questions relevant nationally, reports Gunturi Naga Sridhar Fourty-year-old M Ravamma, from Polavaram, a village in the Krishna district of Andhra Pradesh, had a nightmarish experience two months ago. Her husband complained...
More »‘Hike Budget outlay for all agri-related departments’
-The Hindu Business Line New Delhi: Several organisations and individuals have sought higher Budget outlays for all departments dealing with the agriculture sector if the Centre is really serious about farmers’ welfare. “Budget 2015-16 was a serious disappointment in that it actually cut down allocations for Ministry of Agriculture to levels less than 2011-12, i.e., five years earlier! (see table) …. It is clear that farmers’ welfare added to the Ministry’s...
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