-The Indian Express The budget aims at economic growth and social protection. This is welcome. So are provisions for financial inclusion, housing, water, sanitation and rural electrification. But there are also substantial cuts in crucial social sectors and key omissions that are likely to undermine its stated economic objectives. Consider agriculture, environment and women. First, double-digit growth or poverty reduction is unlikely without strong, sustained agricultural growth. In 2014-15, agriculture grew at...
More »SEARCH RESULT
Of Bold Strokes and Fine Prints: Analysis of Union Budget 2015-16 by CBGA
-Centre for Budget and Governance Accountability (CBGA) This publication highlights a range of pertinent issues primarily focusing on social sectors (such as education, health, drinking water and sanitation, food security etc.) and the responsiveness of the Union Budget towards the vulnerable sections of the population, (such as, women, children, dalits, adivasis, religious minorities, persons with disabilities and the Urban Poor). In addition, a number of important issues pertaining to taxation, renewable...
More »Highlights of Union Budget 2015
-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...
More »7,540 solar powered farm pumps to be distributed in state
-The Times of India NAGPUR: The state cabinet has given a go ahead for distribution of over 7540 solar powered agricultural pumps in the state. It will be on a pilot basis under a Central scheme. State cabinet on Tuesday decided to allocate Rs 22.25 crore for the project estimated to cost Rs 445 crore. The Union government has decided to give a big push to solar energy and fixed a target...
More »At 750MW, Madhya Pradesh to get world’s largest solar power plant -Amarjeet Singh
-The Times of India BHOPAL: Next year on Independence Day, India will have the world's largest 750MW solar power plant in Rewa district of Madhya Pradesh, which will pip America's much-vaunted 550-megawatt Desert Sunlight solar project in California, commissioned four days ago. Acquisition of 1,500 hectares of land for the Rs 4000 crore project is close to completion and government agencies are likely to invite tenders from developers by April. The state...
More »