-The Telegraph New Delhi: The finance ministry has favoured a proposal to increase the "material" component in projects under the rural job guarantee scheme to facilitate the creation of durable assets. The rural development ministry is, however, having second thoughts, although it had proposed the change in the labour-material ratio from 60-40 to 51-49 for projects under the Mahatma Gandhi National Rural Employment Guarantee Act. The scheme, which seeks to provide 100 days...
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Finance panel report not unanimous -Puja Mehra
-The Hindu The 14th Finance Commission, chaired by former Reserve Bank Governor Y.V. Reddy, has not submitted a unanimous report. Abhijit Sen, commission member, gave a dissent note to the report. The Modi government has not yet announced its decision on the report submitted to President Pranab Mukherjee's office in mid-December. Union Finance Minister Arun Jaitley did not table it in Parliament during the Winter Session. Mr. Jaitley is expected to present...
More »RS chaos may stymie joint session on ordinances -Krishnadas Rajagopal
-The Hindu The government's refrain that it would resort to all procedures, including a joint sitting of Parliament, to legislate a spate of ordinances into Acts of legislature, may come to nothing if the Rajya Sabha is stalled in the next session. For one, a pre-condition for a joint sitting is that a Bill, along with a statement of reasons for promulgating the ordinance, should have been first defeated in one...
More »Land Acquisition Act: Right step, wrong route -Shishir Asthana
-Business Standard The changes in the ordinance have been made after taking inputs from states suggesting changes to the Act which would make it more industry-friendly. After a failed Winter Session of Parliament, the government recommended promulgating an ordinance for changes to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Justifying the use of ordinance, Finance Minister Arun Jaitley said the government had to...
More »Scheming against the poor -TK Rajalakshmi
-Frontline The Left and other national parties protest against the NDA government's attempts to dilute the MGNREGS by limiting its budget and reducing its reach. IN a rare show of solidarity, representatives of several political parties took issue with the Bharatiya Janata Party-led National Democratic Alliance (NDA) government on its controversial proposal to restructure the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The opposition, which was initially confined to the...
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