-FirstPost.com Abhijit Sen, part-time member of the Planning commission, has openly criticised some of the recommendations of the 14th Finance Commission, particularly with respect to the ones on sharing of taxes to state governments. The dissent note was carried in the report of the commission tabled in Parliament on Tuesday. "The recommendations regarding devolution and revenue deficit grants are bound to disrupt existing plan transfers, with likely very serious effects in the...
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Modi government accepts Finance Commission recommendations, states to get 42% share in central taxes
-The Times of India NEW DELHI: The Modi government said on Tuesday that it has accepted the recommendation of Finance Commission to raise the share of states in central taxes to 42 per cent from current 32 per cent. As per the increased devolution suggested in the report of the 14th Finance Commission, the states will get Rs 3.48 lakh crore in 2014-15 and Rs 5.26 lakh crore in 2015-16. "The higher tax...
More »Social schemes to get fiscal eye
-Business Standard Financial position, spending capacity to play a big role, say sources The government might take a hard view on several social sector schemes, including the Prime Minister's pet projects of Digital India and Pradhan Mantri Krishi Sinchaee Yojana in the coming Budget for 2015-16. These might get a renewed thrust but perhaps not in the form of a significant increase in Plan allocation. New ways in which funds will be raised...
More »Charting a new course for India’s farm resurgence -G Chandrashekhar
-The Hindu Business Line Beefing up input delivery, expanding irrigation facilities & infusing technology are the key India needs rapid economic growth to lift people out of poverty and meet the basic needs of a growing population. It is well recognised that for growth to be inclusive, it must create adequate livelihood opportunities and add to decent employment commensurate with the expectations of a growing workforce. Massive growth in information and communication technologies...
More »Krishi Vigyan Kendra Let us Down: Farmers
-The New Indian Express Knocks chief secy's door saying they have been suffering without help for three years PUDUCHERRY (Tamil Nadu): The Puducherry Certified Seed Producers Welfare Association has petitioned the Chief Secretary Chetan B Sanghi, seeking his intervention in the functioning of the Perunthalaivar Kamarajar Krishi Vigyan Kendra (PKKVK), a centre to serve farmers, at Iyankuttipalayam. In a memorandum to the Chief Secretary on Saturday a copy of which was released to...
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