-The Telegraph New Delhi: Finance minister Arun Jaitley today promised gifts for children, women, patients and the poor but slashed his government's funding across the social sectors. Budget outlays for education, health, rural development, social justice and women and children have fallen sharply or remain close to the outlays these sectors had received last year. The allocation for children under the women and child development ministry witnessed the sharpest fall from last...
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‘47 % of agriculture employees earn only Rs. 100 a day’ -Alok Deshpande
-The Hindu Report on Maharashtra looks at NSS data Mumbai: Nearly 47% out of Maharashtra's total employed population, which is dependent on agriculture, fisheries and forestry as an economic activity, earns only Rs 100 per day on an average. The data is in sheer contradiction with the earnings of 1.36% of the employed population from Information and Communication sector in the state, which on an average earns Rs. 833 per day, higher than...
More »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 »A budget for women -Yamini Mishra & Rebecca Reichmann Tavares
-The Hindu The government's first full year budget is an excellent chance to recognise missed opportunities and take corrective action with regard to investing in addressing Gender inequality The coming Union budget is significant for at least two reasons: first, this will be the new government's maiden full year budget. Second, with the NITI Aayog replacing the Planning Commission, the government is likely to abolish the distinction between plan and non-plan budgets. This...
More »Unequal opportunities -Gabrielle Kruks Wisner
-The Indian Express A few years ago I met a woman, let's call her Chandibai, in a village outside Udaipur. A former panchayat member, she was now a leader in her village - a person to whom others (particularly other women) turned for help. She wore her mobile on a cord around her neck and had the panchayat president, the village development officer and even the district collector's office on speed...
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