This budget season, Finance Minister Pranab Mukherjee is stuck juggling multiple imperatives. Big social-sector schemes are soaking up money; yes, the economy is rebounding, but growth needs careful watching; the fiscal deficit is widening, feeding inflationary fears; and, as usual, every ministry wants more money. It doesn’t surprise much, therefore, that the finance ministry is looking for ways in which government expenditure can be managed better. One giant hole has...

The ministry of rural development has demanded a nearly 60% increase in the allocation for its marquee job guarantee scheme in the forthcoming Union budget for fiscal 2011-12. The ministry has sought an allocation of around Rs. 64,000 crore, up from Rs. 41,100 crore, for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), a ministry official said, requesting anonymity. MGNREGS, the flagship programme of the Congress-led United Progressive Alliance (UPA) government...

The Centre for Development of Advanced Computing (C-DAC), the pioneer of supercomputing in the country, is now assisting the Indian Council of Agricultural Research (ICAR) to establish a national agricultural bioinformatics grid. The initiative, the first of its kind in the country, will help scientists enhance agricultural productivity and address problems of food security. Under the project, a three-day training-cum-workshop on ‘parallel and high performance computing’ began at C-DAC on Monday, with...

No major investment in dam projects before land acquisition, relief and rehabilitation sorted out Project should be cleared only after distribution network is provided For years, it has been felt that engineers of the Irrigation and Water Resources Departments are far removed from human considerations while planning and executing a project. This is why concerns at displacement and rehabilitation of project-affected people and farmers for whom the water is meant are not...

Prime Minister Manmohan Singh on Friday asked States to consider waiving mandi taxes, octroi and local taxes for taming inflation, which affected the poor “harder” and posed a serious threat to the country's growth momentum. He said much of the responsibility for checking price rise lay with the States. “Much of what needs to be done... lies in the domain of State governments... There seems to be a strong case for waiving...