-The Telegraph The finance ministry has decided to shave Rs 3,000 crore, or about nine per cent, off the rural job guarantee scheme's budget allocation, government sources told The Telegraph. The move comes at a time the NDA government has been trying to assuage the fears of the Opposition and social activists that it plans to dilute the programme, introduced by the UPA government. This year's budget allocation for the programme was Rs...

-The Indian Express Kolkata: The government on Wednesday passed the West Bengal Land Reforms (Amendment) Bill, 2014, in which the ambit for exemption has been widened. In addition, the government has also been lenient with industrialists who have plans to sit idle with their land. Earlier, while industriaists were allowed to keep the allotted land unused under Section 14Y for a maximum period of three years, under the new law they will...

-The Hindu Is India ready to cash in on its demographic dividend? A demographic dividend is a once-in-a-lifetime opportunity for a nation and can either make or mar its citizens' present and future. When the share of the working-age population is on a rising curve while the share of dependents (those under the age of 15 and over 60) is falling, it enables workers to save (hence savings share in GDP rises)...

Despite high prices of fruits and vegetables, India's area under horticultural crops - mainly fruits, vegetables, spices and flowers - has doubled in around twenty years (between 1991-92 and 2012-13). This has resulted in increase in production of horticultural crops nearly threefold (2.8 times). A new report from the Ministry of Agriculture says that the area under horticultural crops during this period rose from 12.77 million hectares to 23.69 million...

-The Business Standard Most key functions now handled by the finance ministry and other govt departments When Prime Minister Narendra Modi recently extended a Rs 8,000-crore central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours. Unlike in the past, the proposal did not get stuck in the corridors of the Planning Commission, a Nehruvian-era body. The Commission, which occupied the centre...