-Press Information Bureau/ Ministry of Finance The plan outlay of 2015-16 reflects the compositional shift in the allocations for various Programmes and Schemes in view of high devolution; 42% of Union Taxes, to States as per the recommendation of 14th Finance Commission. Making his Budget Speech while presenting the General Budget 2015-16, the Finance Minister, Shri Arun Jaitley said that consequent to this substantially higher devolution, many schemes on the State...
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Social spend needs Budget boost -Rukmini S
-The Hindu Allocation has remained same since 2007. Social sector spending has flatlined over the past few years, and massive spending expansions are required to keep Prime Minister Narendra Modi's key promises, Budget data show. Social sector spending - expenditure on health, education, water supply, sanitation and housing among others - has doubled over the past 10 years as a proportion of the Union government's total expenditure. But the big expansion came between...
More »A budget for women -Yamini Mishra & Rebecca Reichmann Tavares
-The Hindu The government's first full year budget is an excellent chance to recognise missed opportunities and take corrective action with regard to investing in addressing gender inequality The coming Union budget is significant for at least two reasons: first, this will be the new government's maiden full year budget. Second, with the NITI Aayog replacing the Planning Commission, the government is likely to abolish the distinction between plan and non-plan budgets. This...
More »Band-aid solutions for health problems -Shamika Ravi & Rahul Ahluwalia
-The Hindu The Draft National Health Policy 2015 fails to tackle head-on the core problem of the Indian health system: its management, administration and overall governance structure The Draft National Health Policy of 2015 released by the Ministry of Health and Family Welfare, Government of India, is a comprehensive document. So comprehensive, in fact, that it says too little by saying too much. A National Heath Policy is commonly read as a...
More »Social spending cut: Rural job scheme, SSA in focus -Ruhi Tewari
-The Financial Express As cuts in social sector spending in the forthcoming Union Budget are widely anticipated, the focus will be on two of the biggest flagship schemes - the Mahatma Gandhi National Rural Employment Guarantee Act and the Sarva Siksha Abhiyan, both with individually high budget allocations. MGNREGA, launched by the Congress-led UPA government in 2006, has been in the midst of controversy this year, with the NDA government being accused...
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