-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...

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...

-IPS News NEW DELHI: Despite being one of the world's fastest expanding economies, projected to clock seven-percent GDP growth in 2017, India - a nation of 1.2 billion - is trailing behind on many vital social development indices while also hosting one-fourth of the world's poor. While the United Nations prepares to wrap up a decade-and-a-half of poverty alleviation efforts, framed through the lens of the Millennium Development Goals (MDGs), by the...

-The Times of India NEW DELHI: Farmers' plight has worsened due to the non-remunerative nature of agriculture but the Centre on Friday told the Supreme Court that it would not be able to enhance the minimum support price (MSP) for agricultural produce to be 50% more than the input cost. A PIL filed by Consortium of Indian Farmers Association had complained that agriculture had become non-remunerative and was driving farmers to borrow...

-The Indian Express Recently, the Central government invited comments on its Draft National Health Policy (DNHP). The DNHP provides an exhaustive coverage of health issues and challenges facing this much neglected sector. Its major recommendations are making health a justiciable right and denial of care an offence; provisioning of health services through a strengthened public health delivery system in partnership with the private sector; enhancing public spending from the current level...