-Business Standard 14th Finance Commission wants 30 centrally-sponsored schemes to be delinked from support of the govt as states get more through untied funds The pending decision on sharing of resources between the Centre and the states on centrally sponsored schemes (CSS) by the sub-group of chief ministers has led to a number of Union government ministries facing a cash crunch. Even, the finance ministry refused to release funds to them for...
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No record of Rs 44,000 crore government spending -Sidhartha
-The Times of India NEW DELHI: Various ministries — led by health, agriculture and human resource development — have released close to Rs 44,000 crore over the past few years without getting utilization certificates or accounts of grants given to statutory bodies and organizations, resulting in spending without any evidence of gains flowing to the beneficiaries. The concern has been flagged by the Comptroller and Auditor General (CAG) in a new report...
More »Limits of the SECC Data
-Economic and Political Weekly This is not "big data" to be used to cut down welfare expenditure. It was the Ministry of Rural Development which, for close to five years beginning in 2010, designed, planned and oversaw the execution of the 2011 Socio Economic and Caste Census (SECC), whose first batch of results were released earlier this month. Yet, it was somewhat unusual to see Union Minister for Finance, Arun Jaitley, rather...
More »Too poor to qualify for loans -Mehboob Jeelani
-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...
More »Where is the caste data? -M Vijayanunni
-The Hindu By abdicating its responsibility to conduct the caste census and turning it into a poverty-cum-caste survey, the previous dispensation at the Centre made the exercise casual and perfunctory. This has been proved by the way the survey has turned out. In August 2010, Finance Minister and head of the Group of Ministers, Pranab Mukherjee, made a reassuring statement in Parliament on behalf of the government of India, that there would...
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