-The Indian Express The budget will reveal whether the BJP is committed to this transformative programme. Mohandas Pai, currently an advisor to the BJP government in Rajasthan, was asked on television how the government could "control" social sector expenditure, more specifically on the MGNREGA. He answered that the NDA should simply learn from and follow former Union minister P. Chidambaram's policy of "benign neglect". Clarifying further, he explained how the UPA...
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Budget 2014 will show government's will to reform food security system -Ashok Gulati
-The Economic Times Think for a moment that you are a small or marginal farmer of wheat or rice, and the government promises to give to your family wheat at Rs 2 per kg and rice at Rs 3 per kg (5 kg per person per month). What would you do? You would rush to sell your produce to the government at the minimum support price (MSP), which is currently Rs...
More »Human Development to be Taken into Account in Formulating and Implementing Social Sector Programmes: Economic Survey 2013-14
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely as precursor to the General Budget in the Lok Sabha today shows some interesting results of inter-state comparisons of socio-economic development of select states based on available indicators from various sources and furnish some clear policy pointers. While some states have done very well in terms of growth indicators, they are poor performers...
More »Agriculture sector: Challenges & Reforms Required
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...
More »Poverty ratio declines to 21.9 per cent
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The Government has to take timely action to make people healthy, educated and adequately skilled. Social-sector expenditure Expenditure on social services...
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