Finance minister Pranab Mukherjee ushered in a regime of cash transfers for the payment of subsidies for food, fertilizers and kerosene, along with social welfare payments, by accepting the recommendations of a panel headed by Nandan Nilekani, chairman of the Unique Identification Authority of India. The recommendations, submitted last month, had prepared a blueprint for transferring cash directly into the bank accounts of the beneficiaries by linking these to their unique...

-IANS   Calling for effective measures to improve the efficiency of social sector programmes, the Economic Survey for 2011-12 has suggested extending the government's ambitious rural jobs scheme to urban areas, strengthening panchayati raj institutions (PRIs) and skill improvement for enhanced employability. The survey, which was presented by Finance Minister Pranab Mukherjee in parliament Thursday, said that programmes like Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have been instrumental in creating employment...

-PTI Nagaland's rural development departmenthas so far received over Rs 600 crore for implementation of flagship rural employment guarantee programme during the current year. Nearly Rs 574 crore had been received as central assistance and Rs 27.35 crore as state matching share under the rural employment scheme so far during the current year, Parliamentary Secretary for rural development pangnyu Phom informed the house today. Stating that there were nearly 3.69 lakh job card...

-PTI The Opposition parties today slammed the Union Budget presented by finance minister Pranab Mukherjee as "anti-people", "lacklustre" and one that would increase the financial burden on the common man. "The Union Budget does not provide any relief to the common man. It betrays the trust of the common man," BJP spokesman Shahnawaz Hussain told reporters here. BJP leader Ananth Kumar said the budget was "anti-people". "It is a purposeless and clerical budget,"...

-Express News Service On Wednesday, Railway Minister Dinesh Trivedi lost his job for doing what two of his immediate predecessors — one of them his own party boss — could not. After 10 years, fares of passenger trains were finally increased in the rail budget that Trivedi presented, with the aim of pumping in much-needed funds into the financially ill national transport utility. Rolled out in two forms, the “fare rationalisation” models...