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Budgetary cuts: MGNREGA may be the worst hit

-FirstPost.com The MGNREGA rural job programme and other social welfare schemess will take a significant hit due to the 15 percent budget cut that the ministry of finance is believed to have proposed recently, social activists said Saturday. "You (the government) cut fund allocations from social and development programmes and then talk of development. That is so wrong. Such notion is misplaced and insulting," said Jayati Ghosh, a professor of economics at...

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Karnataka's Smart, New Solar Pump Policy for Irrigation -Tushaar Shah, Shilp Verma, and Neha Durga

-Economic and Political Weekly   The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...

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Activists and concerned citizens oppose budget cuts in social sector

-Press Release from Centre for Budget Analysis (CBGA) and Jan Awaaz New Delhi, 29 November 2014: There have been a number of media reports recently around possible cuts in Union Budget allocations for the current fiscal 2014-15 in case of social sector programmes, i.e. reductions in allocations in the Revised Estimates (RE) for 2014-15 as compared to the Budget Estimates (BE) that were made in July this year. This issue deserves...

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Not curtailing rural job scheme: Government

-IANS New Delhi: The government is not trying to curtail MNREGA and the number of blocks under the act have not been reduced, Rural Development Minister Birender Singh told parliament Thursday. The minister was responding to a calling attention motion in the Rajya Sabha by Communist Party of India (CPI) leader D. Raja and others, criticising the move of the government to introduce changes in the rural employment scheme by reducing the...

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Social sector funds slashed -Puja Mehra

-The Hindu To meet the fiscal deficit target for this year, the Central government is brutally slashing social sector allocations but is keeping expenditure cuts for the physical infrastructure sectors at a minimum. This re-aligning of plan outlays across sectors by the Finance Ministry is in line with the government's priorities. The Narendra Modi government views infrastructure spending as growth-enhancing and an essential element of its plans for reviving the economy. The...

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