-TheWire.in Both the Modi government and former Prime Minister Manmohan Singh are ignoring one crucial aspect of reviving the economy: raising effective demand. Only a few weeks ago, the Central government was talking grandly about India reaching a $5-trillion economy and refusing to recognise the severe slowdown India is going through. (This is not such a grand ambition when compared with China, which is often portrayed as India’s competitor, because by 2025,...
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Effort worth emulation: On Rajasthan's public information portal
-The Hindu Rajasthan’s Jan Soochna portal is a step in the right direction for transparency in governance Fourteen years since the implementation of the groundbreaking Right to Information (RTI) Act, which has helped shed light on government works and administration, the launch of the “Jan Soochna Portal” (public information portal) by the Rajasthan government on Friday marks a milestone in increasing transparency and accountability in governance. The portal details various schemes run...
More »Centre ought to have consulted states on terms of reference to Finance Commission: Manmohan Singh
-The Hindu Former PM Manmohan Singh says change undermines federal polity New Delhi: Former Prime Minister Manmohan Singh on Saturday remarked that the Centre ought to have consulted the State governments before introducing additional terms of reference for the 15th Finance Commission seeking to create separate funds for Defence and Internal Security. Asserting that unilateralism was not good for a federal polity and cooperative federalism, Mr. Singh said the best course would have...
More »Non-NDA states flay change 15th Finance panel's terms of reference -Ronak Chhabra
-Newsclick.in The Modi Government’s sudden modification of the terms of reference via a presidential order on July 29 is an attempt to squeeze the revenue share of states, say Opposition leaders. New Delhi: The Narendra Modi government’s decision to change the terms of reference of the 15th Finance Commission through a Presidential Order is aimed at further squeezing the revenue share of states, without even consulting them, various finance ministers of non-BJP...
More »Buying homes to get cheaper for govt employees as FM reduces interest on house-building advance
-News18.com House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat. New Delhi: In a bid to boost the housing sector, Finance Minister Nirmala Sitharaman on Saturday announced reduction in interest rates on house-building advance and linking to 10-year government securities yields. The...
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