-Livemint.com One year after the implementation of 14th Finance Commission recommendations, 14 states have cut back on rural spending New Delhi: At a time when everybody is talking about rural distress, it seems many state governments have decided to turn their back on farmers. Data from the Reserve Bank of India’s (RBI) Analysis of State Budgets report shows that 14 out of 31 states cut their rural spending in 2015-16 compared...
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At The Margins -Lola Nayar
-Outlook Is the devolution of national funds to states really worth the praise? * Share of the states in the divisible pool of central taxes has risen from 32% to 42% for five years till 2019-20 * Rise in untied funds transferred is accompanied by cut in Central assistance for state plan spending * Limited ability of the poorer states to expand their fiscal space with own revenue collection * Funds for rural development...
More »Govt mines tax data to prune LPG subsidy list -Jyoti Mukul & Sudheer Pal Singh
-Business Standard Petroleum ministry went through the list of consumers in affluent areas to find only 3% earning over Rs 10 lakh/year had surrendered their cooking gas subsidy The government is monitoring people earning over Rs 10 lakh a year who have not given up their cooking gas subsidy. Income tax data was being examined in affluent areas, Petroleum Minister Dharmendra Pradhan told Business Standard. This year's Economic Survey said Rs 1 lakh...
More »Unicef South Asia chief says funding pattern for India operations is changing -Jyotsna Singh
-Livemint.com Karin Hulshof says from being primarily funded by govts of the developed world, Unicef in India is now increasingly funded by private companies Devolution of higher funds to states in India is leading to decentralisation of programmes undertaken by the United Nations Children’s Emergency Fund (Unicef), said Karin Hulshof, Unicef’s regional director for South Asia, during a three-day visit to Odisha. The agency is engaging more with state governments than...
More »Addressing the root causes of farm distress -Usha Tuteja
-The Financial Express It is expected that the measures announced in the Budget will boost agricultural output and rural incomes It appears that Budget FY17 has not generated enough excitement in media, academics and the masses, including farmers. Currently, farm distress is a serious concern in the country. The livelihood security of the rural population is in peril. Farmers are in dire need of substantial help to come out of the crisis-like...
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