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Nehruvian budget in the corporate age -Jean Drèze

-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

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Victim’s family cries foul, dubs Khattar ‘indifferent’

-Hindustan Times Karnal: A day after a 35-year-old man, Satpal Kashyap, died after being hit by a police vehicle in the convoy of chief minister Manohar Lal Khattar, the deceased's family claimed that timely medical aid could have saved his life. The deceased, a daily wage earner from Pakhana village, was the sole breadwinner of the family and is survived by his wife and four School-going children. Karnal superintendent of police Abhishek Garg...

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The budget exposes the class bias of the Modi govt -Prasenjit Bose

-Hindustan Times Finance Minister Arun Jaitley's claims of already having achieved an economic turnaround, made in his budget speech, evoke suspicion. Inflation is certainly down and so is the current account deficit, but that has almost entirely to do with the crash in international crude oil prices, which have fallen from $110 per barrel in June 2014 to around $57 per barrel currently. In fact, rather than passing on the full...

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Panchayat schemes off Centre table -Basant Kumar Mohanty

-The Telegraph New Delhi: Eight central schemes have been left to states following the Centre's decision to raise their share of federal taxes, but this has left the Union panchayati raj ministry almost jobless. The schemes de-linked from central support are: Backward Regions Grant Funds (BRGF) of the panchayati raj ministry; Rajiv Gandhi Panchayat Sashaktikaran Abhiyaan (RGPSA) of the panchayati raj ministry; E-governance...

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After UPA-like noise, big slash

-The Telegraph New Delhi: Finance minister Arun Jaitley today promised gifts for children, women, patients and the poor but slashed his government's funding across the social sectors. Budget outlays for education, health, rural development, social justice and women and children have fallen sharply or remain close to the outlays these sectors had received last year. The allocation for children under the women and child development ministry witnessed the sharpest fall from last...

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