Quite opposite to the top-down model of budgeting, the newly elected Aam Aadmi Party-led Government in Delhi has decided to go for a 'citizen-centric' budget planning at 'mohalla'-level for the fiscal year 2015-16. Drawing lessons from the success stories of participatory budgeting conducted at municipal-level in cities like Porto Alegre (Brazil), the AAP-led Delhi Government has decided to launch this form of decentralized budgeting on a pilot basis in a...

-The Indian Express Lucknow: Having spent over Rs 1,100 crore from the state exchequer in the last two years to pay compensation to the kin of farmers who have committed suicide, the state government has now decided to rope in private insurance companies to streamline the scheme and share the burden. Till now, the state revenue department was paying Rs 5 lakh to the kin of each farmer who died of unnatural...

-Business Standard Financial position, spending capacity to play a big role, say sources The government might take a hard view on several social sector schemes, including the Prime Minister's pet projects of Digital India and Pradhan Mantri Krishi Sinchaee Yojana in the coming Budget for 2015-16. These might get a renewed thrust but perhaps not in the form of a significant increase in Plan allocation. New ways in which funds will be raised...

-Business Standard On the basis of resource-efficiency, pollution and compliance, state-owned power generation firms fare the worst A staggering 90 per cent of coal-based thermal power plants in India fare unsatisfactorily on the environmental front, shows a recent analysis. While state-owned power generation companies are among the worst performers, plants owned by private firms have performed better on environmental and energy parameters. In a report released by the Centre for Science...

-Outlook The BJP government needs to understand that "vikas" means growth and development, not growth alone. The new government that came to power with the promise of "vikas" has launched an unrelenting attack on social welfare programmes and legislations. In October 2014, there was a rumour that NREGA would be restricted to some districts. Though the changes proposed have not been implemented, NREGA is in danger of dying a slow death...