An opportunity has been forsaken to strengthen our economic fundamentals while improving the lives of the people, increasing the divide between India Shining and India Suffering. While the people were hoping for relief in the current budget, the Finance Minister was faced with the task of reversing the slowing growth rate and raging inflation. He had a choice in this budget. He, however, chose a path that is going to worsen...
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Funds slashed for flagship programme MGNREGA-K Balchand
-The Hindu The budget focuses on rural development with a moderate hike in allocation, but the government has downsized in a big way the importance of its flagship programme, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), on which it reportedly galloped to power in 2009. For the scheme entitling jobs to below poverty line (BPL) households in rural areas, the allocation has been reduced by 17.5 per cent to only...
More »Food subsidy allocation way short of requirement-Gargi Parsai
Food subsidy allocation in the budget for 2012-13 is way short of what is required for the implementation of the proposed National Food Security Act, despite a categorical assurance by Finance Minister Pranab Mukherjee that the government would “fully provide” food subsidy to administer UPA's flagship legislation. In fact, the regular food subsidy requirement has been cut. While declaring that the government proposed to phase out subsidies in fertilizer and petroleum...
More »Job scheme pioneer Rajasthan now lagging behind by Sunny Sebastian
MGNREGS figures register a decline in desert State; Haryana forges ahead in the race Is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the much talked about flagship programme of the United Progressive Alliance government, losing steam in Rajasthan? Doubts over the credibility of the scheme have sprung up in the State that ironically pioneered the right to employment movement in the country. Today Rajasthan lags behind its neighbour Haryana in...
More »Union Budget 2012-13: NRHM gets higher allocation
-IANS The flagship National Rural Health Mission (NRHM) of the United Progressive Alliance (UPA) government got a higher allocation of Rs.20,822 crore in the 2012-13 Budget presented on Friday. Presenting his seventh budget in the Lok Sabha, finance minister Pranab Mukherjee announced the increase in the allocation for NRHM. He also said the National Urban Health Mission was being launched. Under this scheme, the basic primary health needs of the urban poor living...
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