-PTI States have failed to spend Rs 29,760 crore under various Flagship Programmes during the last fiscal, Rural Development Minister Jairam Ramesh said today. He said during Question Hour in Rajya Sabha that Rs 10,993 crore remained unspent under Mahatma Gandhi Rural Employment Guarantee Act (MGNREGA) and Rs 5,859 crore under Indira Aawas Yojana (IAY). Funds to the tune of Rs 8,919 crore could also not be utilised under Pradhan Mantri Gram Sadak...
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Cash transfer: PM to play UPA-2's trump card on Monday
-The Times of India The Prime Minister is expected to formally kick off cash transfer of subsidies and entitlements, one of the most ambitious policy initiatives of UPA-2, on Monday. The scheme for cash transfers is visualized as a game-changer for UPA-2, like NREGA was for UPA-1, and is expected to give rich dividends at the elections. Manmohan Singh is expected to set January 1, 2013 as the launch date for the...
More »FM's reform push resisted from within -Chetan Chauhan
-The Hindustan Times Finance minister P Chidambaram’s grand plan to redefine how the Centre spends its funds through state governments is facing stiff opposition from within, pushing the Planning Commission to seek the cabinet’s views on the proposal. The Centre disburses billions of rupees to states for achieving national developmental goals, but its effective use remains an area of concern. Though the Planning Commission had suggested reforms, Chidambaram — in a...
More »There is little on their plates
-The Hindustan Times In a report released in October, the Rome-based Food and Agriculture Oraganisation (FAO), which leads international efforts to defeat hunger, said that economic growth is not enough to reduce hunger and malnutrition. To beat the twin menace, it added, a country needs nutrition-sensitive agriculture, social protection and purposeful and decisive public policies. Both statements hold true for India. But the unfortunate part is that while the country has been...
More »Plan panel to have discretionary powers on release of funds to States -Aarti Dhar
-The Hindu Giving itself discretionary powers on release funds to States under various Central schemes, the Planning Commission has decided to restructure 16 Centrally Sponsored Schemes (CSS) into Additional Central Assistance (ACA) Schemes. The new funding pattern will be effective from 2013-14. While restructuring the CSSs will give more flexibility to the States to utilise the funds, it will also give the Planning Commission absolute control over the quantity of money to...
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