The common man, whose concerns were at the heart of the Congress-led United Progressive Alliance’s two successful election campaigns, doesn’t seem to be the focus of finance minister Pranab Mukherjee’s budget. Experts and political analysts say the aam admi doesn’t appear to be the dominant concern anymore, prompting speculation about Congress party chief Sonia Gandhi’s role. She has thus far been setting the UPA’s social agenda through the National Advisory Council...

Token relief to individual taxpayers will cost the exchequer Rs. 4,500 crore In a “pragmatic and domestic growth-oriented” budgetary exercise aimed at shoring up investor confidence and investment, Union Finance Minister Pranab Mukherjee on Friday sought to tap indirect taxes, especially service tax, to rake in an additional Rs. 45,940 crore into his kitty. Presenting the budget for 2012-13 in Parliament, Mr. Mukherjee provided a token relief to individual taxpayers that will cost...

-PTI Budget allocation for central government hospitals in the capital has been increased for the coming fiscal, with AIIMS getting Rs 1,124 crore which is nearly 6% more as compared to the last year's Rs 1,062.35 crore. This is followed by the Safdarjung Hospital which will receive Rs 467.55 crore this year, which is 27% more in comparison to the allocation of Rs 366.88 crore last year. The next in the row of...

-IANS Finance Minister Pranab Mukherjee Friday announced a hike of over 21 per cent in the budget allocation for providing free and compulsory education to children below 14 years.  "I proposed an increase in allocation by 21.7 per cent for RTE ( Right to Education) -Sarva Shiksha Abhiyan to Rs.25,555 crore," Mukherjee said in parliament.  The Sarva Shiksha Abhiyan is implemented in partnership with state governments and covers nearly 192 million children across...

-The Hindu   Governments of all hues at the Center and state levels have always claimed to be working for uplift of dalits and tribals, two of the most deprived sections in India. Together, they comprise nearly a quarter of India's population. Yet progress has been slow and patchy despite decades of affirmative action. Why?  Part of the answer lies in gross neglect and insincerity of political rulers - this is the conclusion...