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Full Budget against Constitution: Yashwant Sinha

-The Hindu ‘Economic Survey also against norms’ New Delhi: If the Narendra Modi government presents a full Budget instead of a vote-on-account, it will not only be improper but also unconstitutional, former Finance Minister Yashwant Sinha said on Monday. “No Finance Minister has presented a Finance Bill in a vote-on-account session. If this government does that, it will be the first time and it will be in direct contravention of the Constitution,”...

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Government weighs options for pre-poll farm package -Vishwa Mohan

-The Times of India NEW DELHI: Will it be Telangana’s ‘Rythu Bandhu’ or Odisha’s ‘Kalia’ scheme which the Centre bets on in its much anticipated farm package ahead of general elections? Apart from these two schemes, the Centre is also looking at some proposals including area-based income compensation and waiving off premium for crop insurance and interest on loans for farmers who pay on time. The Centre’s farm options are due to...

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Govt should launch basic income scheme: Arvind Subramanian

-The Indian Express Subramanian’s suggestions come days ahead of the Budget to be presented on February 1. Incidentally, Congress President Rahul Gandhi said his party will bring Minimum Income Guarantee for every poor person if voted to power. New Delhi: In order to tackle agrarian distress effectively, the Central government and the states should launch a basic income scheme which guarantees minimum cash transfers to all except the well-off in rural...

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Research fellowship hike likely to be notified by February -Jacob Koshy

-The Hindu Students seeking 80% hike in stipends New Delhi: With hundreds of student-researchers in several institutions across the country picketing for a hike in fellowships, two senior officials said that a decision should be out by the first week of February and the hikes could range from 25-50%. On January 16 about 2,000 students and researchers, including from the Indian Institutes of Technology (IITs), the labs of the Council of Scientific &...

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Centre proposes to hike monthly pensions for the elderly poor, disabled and widows -Priscilla Jebaraj

-The Hindu Plan likely to be part of interim Budget New Delhi: Ahead of the 2019 election, the Rural Development Ministry has proposed that the monthly pensions of the elderly poor, disabled and widows be increased from the current Rs.200 to Rs.800. For those above the age of 80, the proposal is to increase the pension from Rs.500 to Rs.1,200 a month. The Ministry has submitted the proposal, which would have an...

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