-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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Create National Common Market in Agricultural Commodities: Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance The Economic Survey emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth. The Economic Survey suggests 3 incremental steps as possible solution, building on the Budget 2014 recognition for setting up a national market, farmers' markets and need for the Central Government and the State Government...
More »Most power plants in India falter on green regulation: CSE
-Business Standard On the basis of resource-efficiency, pollution and compliance, state-owned power generation firms fare the worst A staggering 90 per cent of coal-based thermal power plants in India fare unsatisfactorily on the environmental front, shows a recent analysis. While state-owned power generation companies are among the worst performers, plants owned by private firms have performed better on environmental and energy parameters. In a report released by the Centre for Science...
More »This time we should get health right -Santosh Mehrotra
-The Hindustan Times The drafting of the National Health Policy (NHP) 2015 is an extremely welcome development. The government's decision to announce Health as a Right is a huge advance. Public health spending as a share of GDP barely rose from 0.9 to 1.1% under the previous government. Governments in rich countries have been spending 5% of GDP on health for decades. Why should we welcome the NHP 2015? Countries with...
More »Reforming markets, lessons from Bihar -Sukhpal Singh
-The Tribune There has been a big political rush to reform Agricultural Produce Market Committees (APMC) or agricultural markets. It is now known that most of the problems of the farm sector start and end with agricultural markets in some way or the other. The Model APMC Act 2003 provided a road map for the states to amend their APMC Acts in order to provide choice of channels to farmer for sale...
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