A recent press release by the Cabinet Committee on Economic Affairs (CCEA) shows that the declared minimum support price (MSP) for most kharif crops to be marketed in 2019-20 is at least 50 percent above the cost of production. The official information related to the newly declared MSP, which came two days ahead of the Union Budget presentation, gives the impression that the newly re-elected NDA government has kept its promise...
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UN climate envoy meets Javadekar
-The Hindu Initiatives by India discussed New Delhi: The United Nations Special Envoy on Climate Change, Luis Alfonso de Alba, met Union Environment and Forests Minister Prakash Javadekar and discussed India’s initiatives to meet its climate commitments. Ahead of the United Nations Climate Summit in New York in September, Mr. de Alba, appointed by UN Secretary-General Antonio Guterres as his climate envoy, is visiting several countries and urging leaders and businessmen to do...
More »Why states are demanding more from the 15th Finance Commission - Nikita Kwatra and Pramit Bhattacharya
-Livemint.com Transfers to states are stagnating at a time when developmental demands on state governments are rising Five years ago, when the 14th finance commission recommended an increase in devolution of funds to state governments and a hike in the share of untied funds they received, it was heralded as a new era for fiscal federalism in the country, and one that would significantly empower state governments at a time when they...
More »CAG demonstrates how govt relies on off-budget resources to fund deficit - Dinesh Narayanan
-The Economic Times India’s deficit numbers have come under lens as the govt is increasingly depending on off-budget borrowings. The Comptroller and Auditor General (CAG) has said that the central government’s key deficit figures may be considerably higher than those stated in the union budget. In a presentation to the 15th Finance Commission (FFC) on July 8, three days after the July 5 budget, CAG has asked whether the extra-budgetary resources accounted for...
More »Five-year Yoga Day bill: Rs 114 crore -Vishal Narayan
-The Telegraph Allocation in some years was higher than the national commissions for SCs, STs, safai karmacharis and denotified tribes New Delhi: The ministry of AYUSH has spent Rs 114 crore celebrating the International Day of Yoga between 2015 and 2020, an RTI reply has revealed. In its reply, the ministry informed this website that it spent Rs 16.39 crore in 2015, Rs 18.03 crore in 2016, Rs 26.42 crore in 2017,...
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