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Centre tells worker welfare boards not to distribute items, stick to DBT

-The Hindu Aid to be transferred to bank accounts The Centre has ordered State welfare boards for building and other construction workers (BOCW) not to distribute household and other articles to workers and instead stick to transferring monetary assistance into their bank accounts. The Labour and Employment Ministry said in a statement on Thursday that it issued an order to States on Monday directing the boards not to distribute articles. The BOCW boards...

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Union Finance Minister Nirmala Sitharaman interviewed by Raghuvir Srinivasan, Aarati Krishnan and Parvatha Vardhini C (The Hindu Business Line)

-The Hindu No decision taken yet on which banks will be privatised, Finance Minister says. Fresh from presenting a Budget that represents a clean break from past policies, Union Finance Minister Nirmala Sitharaman was in Chennai last weekend to hear feedback from industrialists and common citizens. “This is a Budget that was put through the wringer to ensure that every number was credible and achievable and did not reflect over-ambition,” she said,...

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Union budget fails to address 'urgent' spending needs in social sector: Oxfam

-Counterview.net Even as calling Finance Minister Nirmala Sitharaman’s budget “historic”, top international NGO Oxfam, pointing towards “some gaps” in it, “especially while addressing inequalities on the lines of caste, class, gender and occupation”, has regretted that the budget “does not address the urgent spending needs in the social sector, especially in health and education.” In a statement, Oxfam India quotes CEO stating that “the Union Budget 2021 has failed to address inequality...

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Budget 2021 fails to give priority to boosting jobs -Ashwini Deshpande

-The Indian Express The budget should have shown how serious it was about inclusive growth by announcing direct cash support to informal workers, circular migrants, agricultural labour, in addition to steady in-kind food transfers from the overflowing coffers of the FCI by making PDS universal. India’s annual budget, announced amidst much anticipation, focused on health as one of its key pillars. The fact that health and “inclusive growth” found their way into...

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Agriculture infra CESs may hit state revenues -Sayantan Bera

-Hindustan Times/ Livemint.com “There is an immediate need to improve agricultural infrastructure so that we produce more, while also conserving and proCESsing agricultural output efficiently,” Nirmala Sitharaman said in her budget speech. The government on Monday introduced a new agriculture infrastructure development CESs (AIDC) on petrol, diesel and several other imported items. Finance minister Nirmala Sitharaman assured it won’t place any additional burden on consumers. However, following the introduction of the CESs, states...

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