-The Hindu The government aims to sustain high growth and is likely to incorporate a 3-year road map. The NDA Government will present Budget 2016-17 in Parliament on February 29, Minister of State for Finance Jayant Sinha said on Thursday. The Government aims to sustain high growth and may incorporate a two-three year roadmap for economic policies, he said. “We are working hard on Budget that will be presented on February 29 and that...
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Cabinet gives nod to new agriculture insurance scheme -Jitendra
-Down to Earth The new scheme will be unable to address the existing agrarian crises, say experts The Centre has approved a new crop insurance scheme for farmers that will replace two existing agriculture insurance schemes. The scheme, Pradhan Mantri Fasal Bima Yojana, was cleared at the Cabinet meeting headed by Prime Minister Narendra Modi. The new scheme promises less premium and early claim settlement. However, experts feel that it will unable to...
More »Civil society urges more resources for social sector
Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...
More »Tribal ministry relents over Forest Rights Act -Nitin Sethi
-Business Standard Intervention by Gadkari and Javadekar helped Maharashtra govt take control of forests back from tribals Setting a precedent for the entire country, the Union tribal affairs ministry has revised its views to re-interpret the Forest Rights Act (FRA) and allow the Maharashtra forest department to get control back over forest management and a grip on the lucrative trade worth crores in forest produce such as tendu leaves and bamboo. The...
More »‘FCI labourers earn Rs.4.5 lakh a month’
-The Hindu The Supreme Court on Friday expressed shock at the revelation that labourers at the Food Corporation of India (FCI) earned a whopping Rs. 4.5 lakh as monthly wages, considerably more than the salary of the President of India. A Bench led by Chief Justice T.S. Thakur said the revelation was an example of the “malpractices” in the FCI system. The Bench was hearing an appeal filed by the FCI Workers’...
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