-The Telegraph New Delhi: Jharkhand's blooming lotus has a not-so-hidden thorny challenge. The state, which has rewarded the BJP and the Narendra Modi government with 12 MPs, has also thrown the new Gopinath Munde-headed rural development minister a MGNREGS zinger. Along with Odisha and Bihar, Jharkhand is at the bottom of the bucket list of states as far as the actual expenditure of funds under the national job guarantee scheme goes. In each of...
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Will restructure MGNREGA: Gopinath Munde
-PTI Munde said proper implementation of the land acquisition Act and providing every household with sanitation and drinking water will be his priority New Delhi: Narendra Modi government will restructure United Progressive Alliance's flagship programme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) by linking employment with development in rural areas and "rigorously" implementing the new land acquisition law. Senior Bharatiya Janata Party (BJP) leader Gopinath Munde, who took over as the minister...
More »NREGA is good but it may be tweaked, says Munde
-The Hindustan Times On the first day on his job, rural development minister Gopinath Munde hinted that the Modi government could go for restructuring of the rural job scheme NREGA. He also defended the land acquisition bill saying it was not against industrialisation and urbanization. Talking to reporters after taking charge on Tuesday, he said he liked NREGA but it needed changes. "This scheme is best for villages. Basically, people get employment, but proper...
More »Finance, fertilizers and petroleum ministries to seek subsidy cuts-Sidhartha
-The Times of India NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...
More »Officials shape plan to cut spending, deficit: Sources
-Reuters NEW DELHI: The finance ministry is working on a proposal for the new government to cut welfare spending and rein in the deficit in its first budget, to allay fears of fiscal slippage that would increase the risks of a sovereign credit downgrade, officials said. Two senior ministry officials told Reuters the plan would make it possible for Narendra Modi's incoming government to reduce the current year's fiscal deficit and...
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