-Livemint.com * The Centre has no money for a stimulus package. Only the states can find a way to get India out of the slowdown * States, taken collectively, are the only hope. Despite loan waivers, they are in a better position to boost public spending. But that would require coordinated work between the Centre?and the states NEW DELHI: On 1 February, finance minister Nirmala Sitharaman will present an important Union budget. The...
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Why food inflation may turn sticky -Sayantan Bera
-Livemint.com * Despite the slowdown in rural demand, the spike in food prices is not showing any signs of cooling. Here’s why * This is the best time for the budget to address the volatility in food prices. Reliable market intelligence on crop production and timely advisories to farmers can help stabilize prices New Delhi: For more than five years now, the Indian countryside has only heard stories of anguish. Consecutive years of...
More »A battle over welfare: On Delhi Assembly polls
-The Hindu The AAP will hope that the Assembly polls are a referendum on its government’s work Delhi, the Union Territory (UT) that hosts India’s capital city, might lag behind several States in total population and in area, but it enjoys outsize significance in terms of media and political attention. With 1.47 crore electors spread across the largely metropolitan national capital region and its pockets of rural voters in some suburbs, Delhi...
More »Centre pushes for transfer of Sebi's surplus into its accounts -Rajeev Jayaswal
-Hindustan Times Sebi and some of the other regulators initially opposed the plan, citing concerns about loss of autonomy, but the government wants to go ahead with its plan, and finalise the transfer before the next budget is presented on February 1, 2020. New Delhi: The government is pushing ahead with its plan, underlined in Union Budget 2019, to transfer 75% of market watchdog Securities and Exchange Board of India’s (Sebi) surplus...
More »Modi govt likely to slash school education budget by Rs 3,000 crore citing funds crunch -Kritika Sharma
-ThePrint.in A sum of Rs 56,536 crore was sanctioned to the school education department in 2019-20, from which the finance ministry is likely to cut Rs 3,000 crore. New Delhi: The Narendra Modi government is likely to cut the school education budget for 2019-20 by Rs 3,000 crore on account of a “funds crunch”, ThePrint has learnt. Highly-placed sources in the Human Resource Development (HRD) Ministry — which oversees education — said...
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