-The Times of India NEW DELHI: When finance minister P Chidambaram presents his first interim budget on Monday, he is expected to devote a significant chunk of his speech - which may be between 12 and 18 pages - to UPA government's spending on social sector schemes, especially health, education and rural development. But what is probably going to slip through is the fact that these sectors actually witnessed a comparatively...
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Government Cuts Plan Spending by Rs 79, 790 Crore
-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...
More »FM to shun populism, bat for fiscal prudence -Mahendra Kumar Singh
-The Times of India NEW DELHI: The UPA government is expected to announce a minor increase in the outlays for social sector schemes, while leaving the overall Plan expenditure for 2014-15 around the same level as the Budget estimates for the current fiscal. In what may be seen as shunning populism for a more pragmatic fiscal plan, finance minister P Chidambaram is in fact expected to penalize several poor performers, who...
More »Scent of a send-off in cabbage carnival -Jaideep Hardikar
-The Telegraph Nagpur: The cabbage and cauliflower came to fruition today; the sunflower, the chrysanthemum, the mustard and the coriander flowered through last week, one by one. It was timed that way - to mark a revival and, possibly, a retirement. When India's biggest carnival of farmers was opened today after a gap of over half a century, there was also a feeling that perhaps a spectacular farewell was being given to Sharad...
More »Unkept promise -TK Rajalakshmi
-Frontline The tussle within some Central government Ministries over proposed cuts in the budget for rural development schemes has affected a promise made to senior citizens. THEIR wizened faces said it all. Though there was disappointment, there was also a glimmer of hope that their trek to the national capital would not go in vain. For almost a month, senior citizens, most of them poor, had been pouring into New Delhi from...
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