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No record of Rs 44,000 crore government spending -Sidhartha

-The Times of India NEW DELHI: Various ministries — led by health, agriculture and human resource development — have released close to Rs 44,000 crore over the past few years without getting utilization certificates or accounts of grants given to statutory bodies and organizations, resulting in spending without any evidence of gains flowing to the beneficiaries. The concern has been flagged by the Comptroller and Auditor General (CAG) in a new report...

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CAG pulls up Delhi govt for not obtaining fund proof, discrepancies

-PTI New Delhi: Auditor CAG has pointed out discrepancies in the implementation of social welfare schemes including mid-day meal (MDM) and pulled up the Delhi government for its failure to obtain fund utilisation certificates from various institutions.   The auditor also criticised the performance of the Delhi tourism and transport development corporation, saying that it has failed to formulate a perspective plan for tourism promotion in the city despite 39 years of its...

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AAP unveils Rs. 41,129 crore Delhi ‘Swaraj’ budget

-PTI New Delhi: In the previous year, when Delhi was under President's Rule, Finance Minister Arun Jaitley had presented a Rs.36,776 crore budget for the 2014-15 fiscal for Delhi. The Aam Aadmi Party government on Thursday presented a Rs 41,129 crore budget with a major focus on education, health and transport sectors besides allocating funds to provide free wifi facility in colleges and villages. Presenting the budget, Deputy Chief Minister Manish Sisodia...

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Delhi sees 13.5% rise in per capita income

-PTI NEW DELHI: Delhi's per capita income during financial year 2014-15 has increased to Rs 2.41 lakh from Rs 2.12 lakh in the previous fiscal, a rise of nearly 13.50 per cent over the period. Besides, the per capita income of the national capital is almost three times its value for the country, which stands at Rs 87,748, according to Economic Survey of Delhi 2014-15 tabled in the Delhi Assembly on Wednesday. As...

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₹1-lakh cr to be disbursed under MUDRA for micro-entrepreneurs -Shishir Sinha

-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...

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