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The Myth of Increased Resources for States -Sona Mitra

-Macroscan.com/ Centre for Budget and Governance Accountability (CBGA) The Government's claim of increased resources to the States is misleading unless the resource pool is substantially increased to cover for cuts in Centrally Sponsored Schemes. Please click here to read more. ...

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How the Budget short-changed states' social security schemes -Nitin Sethi & Ishan Bakshi

-Business Standard States will now have to spend from their pockets to keep their social-sector schemes going The 2015-16 Budget seems to have broken the contract between the Centre and the states on sharing the economic burden for delivering social security. The Centre's assistance to the states for social sector schemes has come down from a budgeted Rs 3.56 lakh crore in FY15 to Rs 2.20 lakh crore in FY16. Effectively, while the...

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Case for proper crop insurance scheme -Devinder Sharma

-Deccan Herald Make new entrants provide 40 per cent risk coverage to the farming sector on a household basis. Unseasonal rains and strong winds that lashed the entire north-western region have done immense damage to the standing crops. The Union Ministry of Agriculture has estimated damage to standing crops in 50 lakh hectares in Punjab, Haryana, Uttar Pradesh, Jammu & Kashmir, Himachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra. Coming after an extended...

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No plans to withdraw LPG subsidy to well off people: Sinha

-PTI As on February 23, 2015, approximately 1.46 lakh consumers have voluntarily given up LPG subsidy on their domestic LPG connections. There are no plans to withdraw the facility of subsidised LPG cylinders to financially well off people, even as 1.46 lakh such consumers have voluntarily given up the subsidy, the government said on Tuesday. "As on February 23, 2015, approximately 1.46 lakh consumers have voluntarily given up LPG subsidy on their domestic...

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Audit of social sector schemes a must: CAG

-The Times of India NEW DELHI: Comptroller and Auditor General Shashi Kant Sharma on Tuesday emphasized on the need for mandatory social audit of social sector schemes as they lacked transparency and accountability. Speaking at a conference on social audit here, the CAG said expenditure of central and state governments that directly impacts socio-economic development was estimated to be Rs 17 lakh crore in 2013-2014. "This implies that an average of Rs 2,656...

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