-TheWire.in The government is gearing up to prepare the Union Budget 2016-17. The MINISTRY OF FINANCE is holding pre-budget consultations with various groups for their inputs to make it inclusive and progressive. The Finance Minister, in his opening remarks during the pre-budget meetings with the social sector mentioned that “Inclusive growth is high on the priorities of the present government and the government will take adequate measures to ensure social security...
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Modi govt's flagship Atal Pension Yojana meets 10 per cent of target -Kumar Vikram
-India Today Concerned over the poor response, the Finance Ministry has asked all state-run banks to extend the date of government contribution till March 31, 2016. The Centre's flagship pension plan, launched with much fanfare last year, is struggling to stay afloat. It has been able to bring only about 10 per cent of the targeted two crore under its ambit. The Atal Pension Yojana (APY), aimed at ensuring pension for those...
More »The case for going universal -Diane Coffey & Payal Hathi
-The Hindu Maternity entitlements are an important policy tool for encouraging better maternal health. This is why we need to do away with conditionality in cash transfer schemes Since the National Food Security Act (NFSA) was passed in 2013, policy circles have been buzzing with talk of reforms in the public distribution system (PDS). Less well appreciated is the NFSA’s potential to call attention to, and help address, poor maternal nutrition — an aspect...
More »Budget 2016: boost likely for job schemes -Arup Roychoudhury
-Business Standard Also for other programme impacting the non-urban economy, in the wake of two years of partial drought The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) seems likely to get its highest budgetary allocation since its launch a decade before. This allocation for 2016-17 could cross the previous highs of Rs 40,100 crore in the 2010-11 Budget and Rs 40,000 crore in 2011-12, by then finance minister Pranab Mukherjee. Actual spending...
More »Junk old car, get 50% excise cut on new? -Dipak K Dash
-The Times of India NEW DELHI: The government expects at least 25 lakh vehicles, excluding two-wheelers, to go off the roads once it announces its scrapping policy for vehicles older than 15 years. Sources in the road transport ministry said the policy would be voluntary to begin with and the government would come out with incentives to encourage people to replace their old cars with new ones. The detailed proposal on scrapping...
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