The government's biggest welfare programme could see an almost 60 per cent increase in funding. The forthcoming Budget is likely to make a provision of Rs 64,000 crore (Rs 640 billion) for the Mahatma Gandhi National Rural Employment Guarantee Scheme in 2011-12, against Rs 40,100 crore (Rs 401 billion) in the current fiscal. The huge increase in outlay will be mainly on account of two factors: Linking wages under the scheme with...

The finance ministry has offered only a 12% increase in the budgetary support to the central plan for the coming fiscal against the Planning Commission's demand for an 18% hike. The plan panel sought higher support, citing increased requirement for the flagship schemes, particularly MGNREGA, or Mahatma Gandhi National Rural Employment Guarantee Act . The North Block, constrained by its compulsion to return to fiscal consolidation and additional expenditure due...

I remember being disturbed enough to stop watching the 2003 Hindi movie Matrubhumi(motherland). Set in the future, it depicted an Indian village populated only by men. It gets that way after a man, yearning for a boy, publicly drowns his newborn girl in a vat of milk, sparking a custom that wipes out women. So the men watch porn, fornicate with farm animals. A father marries his five sons to...

The coal ministry has rejected the Planning Commission’s suggestion to allow phased extraction of coal from prohibited areas saying that the robust demand for coal from expanding steelmakers and power generators fast outpaces the plan to mine in stages. The Planning Commission had mooted the idea of phased coal mining in about 203 coalfields, that were earlier declared out-of-bounds for mining by the environment ministry. But strong mining potential at the restricted...

India, Switzerland had signed a protocol to amend the DTA last year It is expected to help India get details about illicit wealth India may have to wait till at least next year for information from Switzerland on the possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011. The treaty needs to be ratified by various authorities in India...