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Centre readies Rs 6,000-crore plan to recharge groundwater -Moushumi Das Gupta

-Hindustan Times The Atal Bhujal Yojana will be launched in Gujarat, Maharashtra, Haryana, Karnataka, Rajasthan, Uttar Pradesh and Madhya Pradesh The government has finalised the contours of a Rs 6,000-crore scheme to tackle the country’s depleting groundwater level, almost a year-and-a-half after finance minister Arun Jaitley announced the plan in the Union Budget. Called the Atal Bhujal Yojana (ABY) and piloted by the Union water resources ministry, the scheme now needs the cabinet’s...

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The fine print: Groups of individuals, NGOs can buy electoral bonds without public disclosure -Nitin Sethi

-Scroll.in The scheme could help entities route black money to political parties through shell companies, experts fear. It isn’t only companies that have been allowed to make anonymous donations to political parties through electoral bonds. The fine print of the scheme announced by the Finance Ministry on Thursday also allows individuals, groups of individuals, NGOs, religious and other trusts, Hindu Undivided Family units and all other entities recognised by law to...

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Huge push likely for MGNREGS rural jobs scheme in 2018 -Yatish Yadav

-The New Indian Express NEW DELHI: The last full Budget of the NDA government is likely to give a major push to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) by earmarking more funds for it. Sources said Budget 2018-19 will allocate around 20 per cent more for the rural jobs scheme compared to last year. The flagship scheme, started by Manmohan Singh’s UPA regime, is benefiting about 11 crore active...

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Union Finance Minister Shri Arun Jaitley Holds Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups

-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...

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New Finance Commission may penalise states for bad show in schemes -Subhomoy Bhattacharjee

-Business Standard The Commission says incentives for states will be decided, among others, by "control or lack of it in incurring expenditure on populist measures" New Delhi: States offering debt waivers or slipping on centrally funded programmes, such as Swacch Bharat, could get penalised, according to the terms set for the 15th Finance Commission. The terms of reference of the Commission, set up by the central government this week, makes these conditions...

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