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Modi government accepts Finance Commission recommendations, states to get 42% share in central taxes

-The Times of India NEW DELHI: The Modi government said on Tuesday that it has accepted the recommendation of Finance Commission to raise the share of states in central taxes to 42 per cent from current 32 per cent. As per the increased devolution suggested in the report of the 14th Finance Commission, the states will get Rs 3.48 lakh crore in 2014-15 and Rs 5.26 lakh crore in 2015-16. "The higher tax...

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Rs. 200 Crore in Uttar Pradesh MP Funds. Not Even 1 Per Cent Spent So Far -Niha Masih

-NDTV Lucknow: Some of India's biggest politicians contested and won the Lok Sabha elections from Uttar Pradesh. But eight months later, they have not spent anything from their Local Area Development Fund (MPLAD). On the list of high-profile MPs from Uttar Pradesh who have spent not a rupee yet from their constituency funds are Prime Minister Narendra Modi, Home Minister Rajnath Singh, Congress President Sonia Gandhi, Congress Vice President Rahul Gandhi,...

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India Matters: Demanding Toilets All India -Sutapa Deb

-NDTV Our journey takes us to five villages in Sehore district, Madhya Pradesh, to meet families that do not have a toilet at home. Nearly 65 per cent of households in rural areas of the state are without toilets. Prema and Tanu belong to a Scheduled Caste family of daily wagers in Ahlada Kheda. Students of Class 9 and 10, they are exposed to children from different socioeconomic backgrounds at...

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Social schemes to get fiscal eye

-Business Standard Financial position, spending capacity to play a big role, say sources The government might take a hard view on several social sector schemes, including the Prime Minister's pet projects of Digital India and Pradhan Mantri Krishi Sinchaee Yojana in the coming Budget for 2015-16. These might get a renewed thrust but perhaps not in the form of a significant increase in Plan allocation. New ways in which funds will be raised...

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The bitter tale of UP’s sugar industry -Mohammad Ali

-The Hindu Meerut (Uttar Pradesh): Harpal, a farmer in Amroha district, used his countrymade rifle to kill himself in the first week of February. The 52-year-old farmer's son Satpal said his father was worried about not being able to return the Rs. 3.27 lakh he had borrowed from local Moneylenders two years ago to buy a tractor. "Sugar mills take sometimes two years to pay the full Money for the sugarcane crop. We...

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