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Social Sector Spending in 2015-16

-Economic and Political Weekly The states now have an opportunity to set their own priorities in the social sector. In the constitutional scheme of things, it is the states rather than the centre which bear the larger responsibility for social sector spending. Indeed, the states already account for as much as 80% of total outlays in the area. But central government intervention in the form of establishment of and funding for certain...

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Rs 37000 crore for NE states -Andrew W Lyngdoh

-The Telegraph Shillong: The Centre has released more than Rs 37,000 crore to all the states as the first instalment of devolution according to the 14th Finance Commission recommendations. From among the northeastern states, in the first instalment released for the financial year 2015-16, Assam will receive Rs 1,242.76 crore, Arunachal Pradesh Rs 516.48 crore, Manipur Rs 231.27 crore, Meghalaya Rs 240.75, Mizoram Rs 172.40 crore, Nagaland Rs 186.68 crore, Tripura Rs...

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The developing story -Sukumar Muralidharan

-The Hindu Business Line   Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...

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Progress on the farm -Ajay Jakhar

-The Indian Express The Bharat Krishak Samaj (BSK) has long urged the merger of the agriculture ministry with the water resources and rural development ministries, in the interests of better coordination. With cooperative federalism gaining currency as an idea, that might just become possible. Now, the panchayati raj and food processing ministries could join the club, leaving agriculture, for all practical purposes, to the states, as envisaged by the Constitution. But...

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Budget 2015: Centre’s cash-spread to states lavish only on paper

-The Times of India PM Narendra Modi in his speech in Parliament on Friday underlined how his government had decided to transfer a much larger share of resources to the states in line with Finance Commission recommendations, though it didn't have to. The finance minister in his budget speech repeatedly referred to the issue and the reduced "fiscal space" he had. The budget numbers reveal, however, that the states won't really...

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