-The Economic Times Despite substantial increase in agriculture production and productivity levels over the years, farmers’ indebtedness has not changed significantly. According to the National Bank for Agriculture and Rural Development (Nabard) All India Rural Financial Inclusion Survey (Nafis) 2016-17, 52.5% of agricultural households were indebted. Considerable efforts have been taken in channelising institutional credit to farmers and raising farm credit disbursement targets, with allocations increasing by Rs 1 lakh crore in...

-The Economic Times Even though the scheme had been ranked as the world's largest public works programme by the World Bank, it is being systematically undermined with illegal restrictions on its Budget Allocation, severe payment delays and low wages. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been a tried and tested measure to target rising unemployment and ease rural distress in the country. The Rural Employment programme, which guarantees 100...

-Centre for Financial Accountability blog The institution of Comptroller and Auditor General (CAG) in India is patterned on the British model. In Britain, The Exchequer & Audit Department Act of 1866 created the office of CAG with a view to strengthen democracy and exercise parliamentary control over national finances. The office of CAG came into being, thanks to the missionary zeal of William Gladstone who was Finance Minister at the time...

-The Telegraph A sizeable portion of collections under the Primary Education Cess was never transferred to Prarambhik Shiksha Kosh The money every taxpayer pays towards the Primary Education Cess, meant to improve the quality of government schooling in the country, is not being used entirely for the purpose. A sizeable portion of the collections under the 2 per cent cess was never transferred to the Prarambhik Shiksha Kosh (PSK), the dedicated corpus...

-TheWire.in "The central government’s contribution to old-age pensions...has stagnated at just Rs 200 per month since 2006. This is unfair." New Delhi: Sixty economists from across the country have written to finance minister Arun Jaitley, asking him to ensure that social security pensions and maternity benefits get adequate attention in the Union Budget 2019. They argue that they had made a similar “modest” request before the 2018 Budget, but it went unheeded. The...