-Livemint.com A Mint analysis based on a wide range of district level indicators of assets and amenities shows how Maharashtra's wealth is very unevenly spread If India is a land of contradictions, Maharashtra is its befitting exemplar. It is at once the country's cradle of wealth and its most poignant symbol of agrarian distress, where many millionaires are born, and many farmers commit suicides each year. Maharashtra is the wealthiest of all...
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Panchayati raj ministry turning irrelevant under PM Narendra Modi regime -Nidhi Sharma
-The Economic Times NEW DELHI: The panchayati raj ministry, created by the UPA government to drive Rajiv Gandhi's idea of empowering gram sabhas, is struggling to remain relevant under the Narendra Modi regime. Finance minister Arun Jaitley, in his budget presentation, slashed the panchayati raj ministry's plan outlay to a meagre Rs 94 crore in 2015-16 from Rs 7,000 crore this fiscal, and transferred its flagship schemes - the backward regions Grants...
More »How the Budget short-changed states' social security schemes -Nitin Sethi & Ishan Bakshi
-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...
More »CM counts Rs 15000cr loss
-The Telegraph Patna: Chief minister Nitish Kumar today charged the Centre with abolishing the backward regions Grant Fund (BRGF) in "clear violation" of the Act mandated by Parliament and said he was thinking of moving court against the decision. "I met Union finance minister Arun Jaitley on February 26 and specifically apprised him that the BRGF abolition was in contravention of the Bihar Reorganisation Act, 2000. The special assistance under BRGF had...
More »Budget 2015: Centre’s cash-spread to states lavish only on paper
-The Times of India PM Narendra Modi in his speech in Parliament on Friday underlined how his government had decided to transfer a much larger share of resources to the states in line with Finance Commission recommendations, though it didn't have to. The finance minister in his budget speech repeatedly referred to the issue and the reduced "fiscal space" he had. The budget numbers reveal, however, that the states won't really...
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