-Livemint.com Given the over-optimistic revenue estimates and under-budgeted expenditure, the FinMin’s budget projections should be taken with a pinch of salt Dark clouds are gathering over the fiscal horizon. Finance minister Arun Jaitley will table an interim budget on 1 February—just weeks before India goes to polls. There’s a growing consensus among analysts that the government will miss its revenue target for the year, largely because the collections from the goods and services...

-Newsclick.in A combination of fund squeeze and political aversion has deprived lakhs of people from getting MGNREGS work, even though wages are very low. As the job crisis rages unabated across the country, demand for work under the rural jobs guarantee programme (MGNREGS – Mahatma Gandhi National Rural Employment Guarantee Act) has risen dramatically in the past few years. In Madhya Pradesh and Rajasthan, the two big states where polling for Assembly...

-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...

-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...

-CaravanMagazine.in The Chattisgarh government's advertisements for the Vikas Yatra display photographs of the BJP national president, Amit Shah, the party’s state president, Dharamlal Kaushik, and other local party leaders. None of these leaders hold a position falling within the exceptions carved out by the Supreme Court for government advertisements.   In late May, Shiv Kumar Banerjee, the sub-divisional magistrate of Chhattisgarh’s Rajpur area, conducted an inspection of a school premises ahead of...