-Economic and Political Weekly   The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...

-PTI Work has moved into top gear for finalising the name and structure for the new institution that will replace the 64-year old Planning Commission and the same may be unveiled this December. "The Prime Minister has convened a meeting of the Chief Ministers on December 7 to seek their view points on the structure of the institution which would ultimately replace the Planning Commission," an official source said. The Commission has...

-Press Release from Centre for Budget Analysis (CBGA) and Jan Awaaz New Delhi, 29 November 2014: There have been a number of media reports recently around possible cuts in Union Budget allocations for the current fiscal 2014-15 in case of social sector programmes, i.e. reductions in allocations in the Revised Estimates (RE) for 2014-15 as compared to the Budget Estimates (BE) that were made in July this year. This issue deserves...

-The Telegraph The Finance ministry has decided to shave Rs 3,000 crore, or about nine per cent, off the rural job guarantee scheme's budget allocation, government sources told The Telegraph. The move comes at a time the NDA government has been trying to assuage the fears of the Opposition and social activists that it plans to dilute the programme, introduced by the UPA government. This year's budget allocation for the programme was Rs...

-The Hindu To meet the fiscal deficit target for this year, the Central government is brutally slashing social sector allocations but is keeping expenditure cuts for the physical infrastructure sectors at a minimum. This re-aligning of plan outlays across sectors by the Finance Ministry is in line with the government's priorities. The Narendra Modi government views infrastructure spending as growth-enhancing and an essential element of its plans for reviving the economy. The...