In his general budget for 2011-12, finance minister Pranab Mukherjee has announced an increase in allocation for the Mahatama Gandhi National Rural Employment Guarantee Act (NREGA) of Rs10,000 crore to Rs58,000 crore.The finance minister has proposed an identical hike for the Bharat Nirman scheme, and also proposed to give Rs3000 core to the national agricultural development board, NABARD.Mukherjee also said the government has decided to index the wage rates notified...
More »SEARCH RESULT
Total Matching Records found : 643
Budget gives social sector short shrift by Radhieka Pandeya
The budget has allocated of total Rs160,887 crore, or 36.4% Plan allocation, to the social sector. The Bharat Nirman group of welfare schemes has together been allocated Rs58,000 crore. The income of workers and helpers at anganwadis, or government-run day-care centres, has been doubled. The move is expected to benefit nearly 2.2 million people. However, it has not been replicated for voluntary accredited social health activists of the National Rural...
More »Budget 2011: Pranab focuses on social sector
Union Finance Minister Pranab Mukherjee presented Budget 2011-12 in Parliament on Monday promising to stimulate growth and bring down inflation. Admitting that food inflation remains a matter of concern, Pranab said that the economy could have performed better. He said that the development needs to be more inclusive while announcing increased outlay on Social Sector Schemes. "Total food inflation is down from 20.2 per cent last year to 9.3 per cent...
More »Marginalising the marginalised by Pooja Parvati
Poor allocation of funds to key social sectors shows the government’s lacklustre approach to inclusive growth. We are reaching the end of a remarkable fiscal year,” said the finance minister as he rose to present the Union Budget 2011-12. Agreeing with the government that the year gone by presented us with several opportunities and challenges to address critical concerns pertaining to the social sector, the overall sense is that this Budget,...
More »Survey outlines reform agenda for accelerated growth by Ashok Dasgupta
Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...
More »
