-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
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Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »Anup Surendranath, assistant professor at National Law University and Project head of Death Penalty Research Project, speaks to Uttam Sengupta
-Outlook It has taken 16 months, 400 interviews and over Rs 30 lakh for the ‘Death Penalty Research Project' to see the light of day. It has taken 16 months, 400 interviews and over Rs 30 lakh for the ‘Death Penalty Research Project' to see the light of day. Project head Anup Surendranath, an assistant professor at National Law University, Delhi, speaks to Uttam Sengupta. Excerpts: * What triggered this project in...
More »Half-done reform
-The Business Standard Independent evaluation of government schemes is essential In the final year of its term, the previous government decided to effect a significant restructuring in one channel of transferring funds to states. Centrally sponsored schemes - 146 in number - were first consolidated into 83, both through mergers and termination. Then, it was decided that instead of the funds for these being allocated to the relevant ministry at the Centre,...
More »Rs.3720.19 Crore Released During First Year of Twelfth Five Year Plan Period Under BRGF to the States
-Press Information Bureau (Ministry of Panchayati Raj) Government has released Rs. 3720.19 crore during first year of Twelfth Five Year Plan that is 2012-13 under the Backward Regions Grant Fund(B.R.G.F.) Programme being implemented by the Ministry of Panchayati Raj. Answering a question in Lok Sabha today, Panchayati Raj Minister Shri V.KISHORE CHANDRA DEO said, the released amount is 99.63 percent of the total Revised Estimate (RE) allocation of Rs. 3734 crore for...
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