-TheWire.in While the revenue deficit is estimated to increase in the Union Budget in comparison to the interim one, the fiscal deficit shows a decline thanks to the increase in capital receipts especially through disinvestment. A comparison between the Interim Budget (IB) presented on February 1, 2019, and the full Union Budget (FB) presented before parliament on July for the current fiscal year (2019-20) throws up some intriguing questions. While most commentators have...
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50 People Died Cleaning Sewers in the First Six Months of 2019
-TheWire.in This number only accounts for deaths in eight states. New Delhi: Data collated by the National Commission for Safai Karamcharis (NCSK) reveals that at least 50 persons have died cleaning sewers in the first six months of 2019 alone. According to a report in the Indian Express, the figure in question, by the NCSK’s own admission, is an underestimation as it only accounts for the number of deaths caused by cleaning sewers...
More »Thumbs up in Assam for new NRC deadline -Rahul Karmakar
-The Hindu Re-verification would have caused a lot of misery, says AAMSU GUWAHATI: Various organisations in Assam welcomed the Supreme Court’s order extending the deadline for publishing the final NRC to August 31 and turning down the request of the Centre and Assam government to conduct 20% sample re-verification of listed names in the districts bordering Bangladesh and 10% in the other districts on Tuesday. In a joint statement, the Assam State Jamiat...
More »Why states are demanding more from the 15th Finance Commission - Nikita Kwatra and Pramit Bhattacharya
-Livemint.com Transfers to states are stagnating at a time when developmental demands on state governments are rising Five years ago, when the 14th finance commission recommended an increase in devolution of funds to state governments and a hike in the share of untied funds they received, it was heralded as a new era for fiscal federalism in the country, and one that would significantly empower state governments at a time when they...
More »CAG demonstrates how govt relies on off-budget resources to fund deficit - Dinesh Narayanan
-The Economic Times India’s deficit numbers have come under lens as the govt is increasingly depending on off-budget borrowings. The Comptroller and Auditor General (CAG) has said that the central government’s key deficit figures may be considerably higher than those stated in the union budget. In a presentation to the 15th Finance Commission (FFC) on July 8, three days after the July 5 budget, CAG has asked whether the extra-budgetary resources accounted for...
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