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CAG Indicts Chhattisgarh Over 'Diversion' of Foodgrains

-Outlook Raipur: The CAG has indicted the Chhattisgarh government for diverting around 10 lakh tonnes of foodgrains from the central scheme to the state's Mukhyamantri Khadyan Sahayata Yojna without permission and in violation of Centre's instructions. CAG report on the Public Sector Undertakings for the year ended March 2013, was tabled in the state assembly here today. "At the direction of the Government of Chhattisgarh, the State Civil Supplies Corporation Limited (company) diverted...

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Farmers' suicides reflect the crisis in India's grain bowl -Gautam Dheer

-Deccan Herald Behind all the ostentation, glitz and glamour of the recently concluded mega ‘Progressive Agriculture Summit' in Punjab lies the harsh reality of farmer suicides and the burgeoning agrarian crisis that this border state reels under. A state government commissioned study conducted by three prominent universities in Punjab lay bare the magnitude of the crisis. On an average estimate, three persons committed suicide every two days in last one decade in...

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Spending on subsidies surged, education and health lagged during 10 years of UPA -Sidhartha

-The Times of India NEW DELHI: When finance minister P Chidambaram presents his first interim budget on Monday, he is expected to devote a significant chunk of his speech - which may be between 12 and 18 pages - to UPA government's spending on social sector schemes, especially health, education and rural development. But what is probably going to slip through is the fact that these sectors actually witnessed a comparatively...

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Government Cuts Plan Spending by Rs 79, 790 Crore

-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...

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Interim Budget 2014-15: Highlights

-Outlook Following are the highlights of interim budget 2014-15: Income tax rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...

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