-Centre for Budget and Governance Accountability (CBGA) Press Release New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...
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Highlights of Union Budget 2015
-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...
More »Evidence matters to policymaking -Howard White & Radhika Menon
-The Hindu The challenge for the Modi government is to evaluate what works in development programming before making large spending decisions Governments in India have always launched big-ticket social development programmes with ambitious goals. The Narendra Modi government is no exception. Swachh Bharat Abhiyan aims to make India open defecation-free by 2019. The Pradhan Mantri Jan Dhan Yojana's financial inclusion programme set a target of opening 10 crore bank accounts by January...
More »Sweeping away India’s social security -Swati Narayan
-LiveMint.com Under the Modi government there have been unprecedented attacks across the spectrum of social security rights With a broom in hand, the Narendra Modi government has been quietly carrying out sweeping changes. Away from the photo ops of the Swachh Bharat Abhiyan, there has been unprecedented watering down of social security rights. Apart from the severe cuts expected in the next budget, three big-ticket assaults are underway-on the rights to land,...
More »Centre asks states to form committees to ensure transparent PDS
-PTI New Delhi: Centre has asked states to set up vigilance committees to ensure transparency in supply of food grains through ration shops under the Public Distribution System (PDS). "States have been requested to set up vigilance committees at district, block and FPS level with due representation of SCs/STs, women and local bodies to ensure transparency and proper functioning of Targeted Public Distribution System (TPDS)," Paswan said in a Food Ministry statement. Chairing...
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