-PTI NEW DELHI: Delhi's per capita income during financial year 2014-15 has increased to Rs 2.41 lakh from Rs 2.12 lakh in the previous fiscal, a rise of nearly 13.50 per cent over the period. Besides, the per capita income of the national capital is almost three times its value for the country, which stands at Rs 87,748, according to Economic Survey of Delhi 2014-15 tabled in the Delhi Assembly on Wednesday. As...
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Cutting the Food Act to the bone -Biraj Patnaik
-The Hindu Two years after vociferously arguing for an expansion of the provisions of the National Food Security Act, the BJP in government is bleeding it with a thousand cuts, both fiscal and otherwise When Parliament passed the National Food Security Act (NFSA) in 2013, it had already become one of the most debated pieces of legislation in decades. Those for and against it had fought it out across yards of space...
More »If you want to help the farmer -Vani S Kulkarni, Katsushi S Imai and Raghav Gaiha
-The Indian Express As the toll of human misery and suicide mounts, official estimates of farm losses due to unseasonal rains and hailstorms in March remain controversial, with hasty downward revision. Since these estimates are largely notional, without validation from field visits, such revision smacks of deliberate fiddling. On March 24, the agriculture ministry reported that crops on 18 million hectares — about 30 per cent of the rabi crops —...
More »Revamping public procurement -Mukul G Asher, Tarun Sharma & Shahana Sheikh
-The Hindu A properly designed and implemented procurement law is long overdue. It can improve financial management, and bring large financial and governance benefits Finance Minister Arun Jaitley’s 2015-16 budget speech signalled the government’s commitment to formally legalise India’s public procurement system as a part of its continuing reforms in public financial management. Following this, the Ministry of Finance is seeking suggestions to refine the Public Procurement Bill of 2012, introduced by...
More »Rs 37000 crore for NE states -Andrew W Lyngdoh
-The Telegraph Shillong: The Centre has released more than Rs 37,000 crore to all the states as the first instalment of devolution according to the 14th Finance Commission recommendations. From among the northeastern states, in the first instalment released for the financial year 2015-16, Assam will receive Rs 1,242.76 crore, Arunachal Pradesh Rs 516.48 crore, Manipur Rs 231.27 crore, Meghalaya Rs 240.75, Mizoram Rs 172.40 crore, Nagaland Rs 186.68 crore, Tripura Rs...
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