-Livemint.com India's fiscal architecture is undergoing a radical overhaul this budget season. On Tuesday, the NDA government accepted the Finance Commission's proposal to enhance tax devolution to states. This, coupled with efforts to rationalize and reduce centrally sponsored schemes (CSS) through the chief ministers sub-group of the NITI Aayog, and the repeated calls for cooperative Federalism together suggest that decentralization to states is the new mantra. Missing from this rhetoric of decentralization...
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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 »Ethical Mining: Permanent Funds & Inter-generational Equity
The Publics and Policies Programme of the Centre for the Study of Developing Societies (CSDS) in partnership with Goa Foundation and the Inclusive Media for Change is holding deliberations on “Permanent Fund Model for Ethical Mining: Land, Livelihoods and Intergenerational Equity” starting with a one-day conference on Feb 18 at India International Centre, New Delhi. The debate will continue on the im4change website. The idea is to discuss natural resources extraction...
More »Most states favour replacing plan panel with new body, Cong only holdout
-The Times of India NEW DELHI: The government on Sunday formally moved to bury the Planning Commission before January 26 with strong support from regional parties. The only resistance came from Congress-ruled states, which failed to garner support, except from the Bihar government controlled by Nitish Kumar, once a supporter of decentralization in decision-making. Prime Minister Narendra Modi, who discussed the role of the Planning Commission with chief ministers, had announced the...
More »Telling the right reform from the wrong -Pramathesh Ambasta
-The Indian Express Moves to dilute labour-material ratio in MGNREGA and focus exclusively on select backward blocks will adversely impact rural poor. Before the general elections, free-market fundamentalists had lobbied fiercely to reshape so-called wasteful social-sector expenditures. Primary among their targets was the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which, according to them, should become an unconditional cash transfer scheme. Post-elections, the late Gopinath Munde's espousal of the MGNREGA went...
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