-Business Standard States will now have to spend from their pockets to keep their social-sector schemes going The 2015-16 Budget seems to have broken the contract between the Centre and the states on sharing the economic burden for delivering social security. The Centre's assistance to the states for social sector schemes has come down from a budgeted Rs 3.56 lakh crore in FY15 to Rs 2.20 lakh crore in FY16. Effectively, while the...
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A Rajasthan village which celebrates each girl child with 111 trees -Rakesh Goswami
-Hindustan Times Jaipur: The village is called Piplantri. It could very well be re-named ‘pi-plant-tree'. For, this village in Rajasthan's Rajsamand district celebrates the birth of a girl by planting 111 trees, a unique achievement in a state where female foeticide is rampant and the sex ratio is one of the most skewed in the country. For Piplantri, the international Women's Day on March 8 may not mean anything but for...
More »Driven to distress -R Krishnakumar
-Frontline Kerala is facing a situation where health care costs are leading more and more people, not just low-income families, to financial distress. KERALA is once again drawing attention to itself, this time for a persistent trend of a large number of households being pushed into financial ruin because of the expenses incurred for medical care. Several studies have now found evidence for the many facets of this worrying development in a...
More »Implementing Centrally sponsored schemes set to become dear -Nagesh Prabhu
-The Hindu Bengaluru: Acceptance of the 14th Finance Commission's recommendations by the Union government is likely to cost the State dear, particularly in implementation of Centrally sponsored schemes. Karnataka is expected to feel the pinch despite higher allocation in the form of its share from Central taxes. The hike in the Central pool of taxes is likely to be nullified with reduction in allocations proposed in the Union Budget for 2015-16 for...
More »The budget exposes the class bias of the Modi govt -Prasenjit Bose
-Hindustan Times Finance Minister Arun Jaitley's claims of already having achieved an economic turnaround, made in his budget speech, evoke suspicion. Inflation is certainly down and so is the current account deficit, but that has almost entirely to do with the crash in international crude oil prices, which have fallen from $110 per barrel in June 2014 to around $57 per barrel currently. In fact, rather than passing on the full...
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