-Business Standard Budget of NITI Aayog may go up by 18.20% in 2015-16 In a classic case of back to basics, the National Rainfed Area Authority (NRAA), which since 2010 has been part of the erstwhile Planning Commission, will henceforth be an arm of the department of agriculture, as NITI (National Institution for Transforming India) Aayog is up for a rejig. NRAA's budget in 2014-15 was about Rs 31.50 crore, while...
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After petrol and diesel, Modi government may deregulate urea -Harish Damodaran
-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...
More »PM Modi orders Aadhaar cards for all by June 2015 -Ruhi Tewari
-The Indian Express Prime Minister Narendra Modi has directed the Unique Identification Authority of India (UIDAI) to ensure "universal coverage" under Aadhaar by June 2015. According to government officials, the PM set the deadline at a high-level meeting chaired by him in the first week of September. The target was reiterated in the minutes of the meeting circulated to all the concerned departments. Directions have also been issued to the Registrar General...
More »Direct benefit transfer plan set for expansion -Chetan Chauhan
-The Hindustan Times To check rising public expenditure, the government's two biggest money-spender schemes - subsidised ration for poor and job guarantee in rural areas - will soon be on the Aadhaar-enabled Direct Benefit Transfer (DBT) platform. The disbursal of subsidy for cooking gas cylinders will come back on the DBT platform after the previous UPA government decided to put it on the hold just before general elections. The UPA, which started transfer...
More »Don’t bank on it, yet -Paranjoy Guha Thakurta
-Deccan Chronicle On August 15, Prime Minister Narendra Modi announced the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme that will ensure that at least one member of each and every family in India not only has a bank account with a debit card, but is also provided an overdraft facility of Rs 5,000, a life insurance policy of Rs 30,000 and accident insurance cover of Rs 1,00,000. On August...
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