-The Economic Times NEW DELHI: The NITI Aayog will draw up schedules for key social sector programmes to counter the criticism that implementation has been slow even two years after the Narendra Modi government took over. The Aayog's Chief Executive Officer Amitabh Kant made several outcome-based presentations to the Prime Minister last month on sectors such as education, health, rural development and infrastructure. Timelines have been established to achieve progress in areas...

-The Hindu Structural reforms and improving productive capacity can enhance long-term growth NITI Aayog, the government’s policy think tank, is working on a sector-based medium-term planning framework, Union Finance Secretary Ratan P. Watal told a meeting of state finance secretaries on Monday. The new planning framework could replace five-year plans, the last of which is set to end in 2016—17, Mr. Watal said. It was possible to synchronise with the finance commission cycle,...

-Livemint.com A growth-first approach may work in the short-term, but India needs to prioritize sustainability simultaneously The Union Budget 2016-17, seeking to “transform India”, has been hailed for its emphasis on agricultural growth and sustainability. Symbolically, the finance minister put “agriculture and farmers’ welfare” first in his nine-point agenda. The words “agriculture” and “farmer” found 20 and 32 mentions, respectively, in the budget speech, the highest in the last decade. On the...

-FirstPost.com Preparation of budgets is traditionally an incremental process: the first railway budget of the present government took off from the landscape sketched in the 12th Five Year Plan. Expansion, modernisation and development of railway infrastructure were to be given thrust through 3Ps: Public-Private Partnerships. Budget 2016-17, however, promises a new horizon on two fronts: overcoming challenges through 3Rs: Reorganising, Restructuring and Rejuvenating Indian railways, and introducing pillars of strategy, including zero-based...

-Livemint.com Three questions can help understand whether the budget has enough wherewithal to provide a big rural stimulus New Delhi: The government has given enough signals that the distress-ridden rural sector would receive special focus in the forthcoming Budget. On Monday, a Mint report quoted senior officials in the agriculture ministry saying that there could be a significant increase in budgetary allocations for crop insurance and irrigation. But in the backdrop...