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Highlights of Union Budget 2016-17

-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...

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Is there room in the budget for a big rural stimulus? -Roshan Kishore

-Livemint.com Three questions can help understand whether the budget has enough wherewithal to provide a big rural stimulus New Delhi: The government has given enough signals that the distress-ridden rural sector would receive special focus in the forthcoming Budget. On Monday, a Mint report quoted senior officials in the agriculture ministry saying that there could be a significant increase in budgetary allocations for crop insurance and irrigation. But in the backdrop...

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The state of social sector spending in 15-16 -Avani Kapur and Vikram Srinivas

-Livemint.com Overall, we find that social sector investments have in fact increased across all states, except Bihar In February 2015, the Government of India accepted the Fourteenth Finance Commission’s (FFC) recommendation to empower states with greater expenditure discretion. The states’ share in Union taxes, therefore, increased from 32% to 42%. While the move holds the promise to reform India’s centralized, one-size-fits-all approach to financing the social sector, the process adopted by...

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The courage to teach -Pankaja Srinivasan

-The Hindu Giving up corporate jobs and fat salaries, an increasing number of young men and women are committing their lives to providing education to India’s poorest   “I had career goals, now I set myself happiness goals. Giving and getting happiness in return,” says Pracheta Sharma, and somehow that does not sound one bit corny. Sharma, along with two other friends Mainak Roy and Rahul Bhanot, is working on a project...

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In Karnataka, file a chargesheet online -KM Rakesh

-The Telegraph Bangalore: Two Karnataka districts have shown the way forward by e-filing chargesheets through a dedicated network that automatically routes the documents to the respective courts in tamper-proof form. The pilot project that started in 2014 has thrown up new possibilities in the way the judiciary and police function, with thousands of chargesheets having been e-filed from Mysore and Mandya. The state now plans to take the change to other districts. Around...

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