-Livemint.com Overall, we find that social sector investments have in fact increased across all states, except Bihar In February 2015, the Government of India accepted the Fourteenth Finance Commission’s (FFC) recommendation to empower states with greater expenditure discretion. The states’ share in Union taxes, therefore, increased from 32% to 42%. While the move holds the promise to reform India’s centralized, one-size-fits-all approach to financing the social sector, the process adopted by...
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Union Budget set to boost farm sector -Sayantan Bera and Gyan Verma
-Livemint.com Spending on irrigation, crop insurance to be doubled; e-platform to be developed for farm produce New Delhi: The government is set to double annual spending on irrigation and crop insurance, and develop a national digital platform for farm produce in order to ensure better prices for farmers, as part of a push to reduce rural distress following the first back-to-back drought in India in three decades. “We’re expecting that the new...
More »Bigger rural outlay to power growth: FM
-The Hindu Business Line 10 years on, MGNREGA to get more funds New Delhi: Barely three weeks ahead of Budget 2016-17, Finance Minister Arun Jaitley indicated that the government could increase budgetary allocations for rural and social schemes like the Mahatma Gandhi National Rural Employment Guarantee Act. The allocation may be even higher than the ₹35,000 crore allocated in 2015-16. “One engine to grow further, despite the global slowdown that has also impacted our exports, can...
More »Woman power rises in budget talks this year -Mahua Venkatesh
-Hindustan Times New Delhi: Out of 34 financial advisers representing different ministries and departments who held budget discussions, 50% were women, sources said. Seventeen women officials held discussions with finance secretary RP Watal along with other senior members in his team, according to sources. In 2012-13, there were just eight women financial advisers, and in 2014-15 there were 11. Financial advisers, who typically operate as chief finance officers of their ministries, are responsible for...
More »The future isn’t private -Virander Singh Chauhan
-The Hindu The public health care system, if adequately funded, is still the better alternative in a developing and complex country like India The United Nations General Assembly (UNGA), by consensus, has adopted the Sustainable Development Goals (SDGs), a set of objectives meant to improve the lives of millions of poor in the world. Among these, access to quality health care and freedom from disease is of paramount importance in helping societies...
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