-The Telegraph New Delhi: The Narendra Modi government appears to have again opted for the money bill route, this time to implement new provisions on political parties' funding, to "sidestep" the Rajya Sabha where the ruling NDA is in a minority. A money bill can be introduced, amended and voted on only in the Lok Sabha. They are referred to the Rajya Sabha but it cannot vote on them, nor can it...
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Share of spend in government expenditure, GDP on education falling for 3 years -Subodh Varma
-The Times of India Spending on education as a share of the central government's total budgeted expenditure has been falling for the past THRee years. Compared to 2013-14, the last year of UPA, when education got 4.57% of the total expenditure, there has been a steady decline — 3.65% in 2016-17, according to this Budget's revised estimate, with the estimated outlay for the coming year showing a minor uptick at 3.71%. Looking...
More »How the Krishi Kalyan Cess funded flagship schemes for farmers -Sayantan Bera
-Livemint.com Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17 New Delhi: Krishi Kalyan Cess, a 0.5% cess on all taxable services introduced last year to support a drought-hit farm sector, will raise Rs 9,000 crore in 2016-17, budget documents presented in the parliament on Wednesday showed. The central government is spending money from this corpus...
More »Over 60% of candidates for Goa polls are crorepatis: report
-The Hindu Fifteen % of candidates face criminal cases; over 50% of candidates' declare their educational qualification to be between ‘5th pass and 12th pass’ An analysis by election watchdog Association for Democratic Reforms (ADR) has found that 38 candidates, or 15% of all, appearing in the coming election in Goa have criminal cases registered against them. Nineteen of them face serious criminal charges, including those of assault, murder, kidnap and rape. Topping...
More »A status quo budget for the social sector -Yamini Aiyar
-Livemint.com It should lay to rest the ongoing debate about this government’s attempt to radically restructure India’s welfare architecture There were no surprises—no helicopter drop of money into Jan-Dhan accounts, no move to dismantle ongoing welfare schemes in favour of a universal basic income (UBI). Far from being the populist, game-changing budget that many had expected, Union finance minister Arun Jaitley presented a sombre, status quo budget which, apart from some tinkering...
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