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After UPA-like noise, big slash

-The Telegraph New Delhi: Finance minister Arun Jaitley today promised gifts for children, women, patients and the poor but slashed his government's funding across the social sectors. Budget outlays for education, health, rural development, social justice and women and children have fallen sharply or remain close to the outlays these sectors had received last year. The allocation for children under the women and child development ministry witnessed the sharpest fall from last...

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No clean slate -Arvind Virmani

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...

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8 Centrally Sponsored Schemes Delinked from Support of the Centre

-Press Information Bureau/ Ministry of Finance The plan outlay of 2015-16 reflects the compositional shift in the allocations for various Programmes and Schemes in view of high devolution; 42% of Union Taxes, to States as per the recommendation of 14th Finance Commission. Making his Budget Speech while presenting the General Budget 2015-16, the Finance Minister, Shri Arun Jaitley said that consequent to this substantially higher devolution, many schemes on the State...

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Lost livelihood -Harsh Mander

-The Hindu The Adivasis of Central India, who settled in the tea gardens of Assam decades ago, are still devoid of their basic rights. The even greater tragedy of the coordinated murderous December 23, 2014, attack on unarmed Adivasi forest dwellers in Assam, which left dead more than 70 people including children and women, is that the assault targeted one of the most oppressed and dispossessed communities in that entire region. A meticulously...

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Rural reach -Amita Sharma

-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...

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