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Transparency high for Indian budget: IBP

-eSocialSciences.com India enjoys a high rating when it comes to budget transparency practices. It ranks 14th among the 100 countries that were surveyed. Its open budget index score of 68 out of 100 is much higher than the average score of 43 for all countries covered in the Global Open Budget Survey 2012. The results of the survey were released on Wednesday by The International Budget Partnership (IBP). According to IBP, India’s...

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Budgeting for failure

-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...

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Private leaning -TK Rajalakshmi

-Frontine The finalised chapter on health in the 12th Plan document envisages a large role for the private sector in health care. A chapter on health prepared for the draft 12th Five Year Plan Document in July received a lot of criticism for its limited understanding of universal health care and its diluted commitment to increase public expenditure on health. If the revised version is any indication, there has not been...

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Plan panel agrees to bolster spending on dalits, tribals -Subodh Ghildiyal

-The Times of India The Planning Commission has bowed to in-house protests that government was using shortcuts to meet the targeted Budget Expenditure for dalits and tribals, amending the 12th plan document to insert a pledge to reform the annual spend on these communities. The commission has said it will beef up Scheduled Castes Sub-Plan and Tribal Sub-Plan that mandate the government to spend exclusively on SCs and STs in proportion to...

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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

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