-Business Standard 14th Finance Commission wants 30 centrally-sponsored schemes to be delinked from support of the govt as states get more through untied funds The pending decision on sharing of resources between the Centre and the states on centrally sponsored schemes (CSS) by the sub-group of chief ministers has led to a number of Union government ministries facing a cash crunch. Even, the finance ministry refused to release funds to them for...

-PTI Chief Ministers’ sub-group of the NITI Aayog agrees to reduce number of centrally-sponsored schemes from 72 to 30. The number of centrally-sponsored schemes (CSS) is likely to be reduced to 30 from 72 with a Chief Ministers’ sub-group of the NITI Aayog reaching a broad consensus on the issue. The panel has also recommended increasing the share of flexi funds to 25 per cent from the current 10 per cent. “There is a...

-Economic and Political Weekly The states now have an opportunity to set their own priorities in the social sector. In the constitutional scheme of things, it is the states rather than the centre which bear the larger responsibility for social sector spending. Indeed, the states already account for as much as 80% of total outlays in the area. But central government intervention in the form of establishment of and funding for certain...

The India Country Report 2015 on Millennium Development Goals (MDGs) comes at a time when the Union Budget 2015-16 allegedly cut expenditure on several social sector schemes and programmes. This year's MDG country report says that India will fail to achieve two important targets pertaining to reducing hunger and maternal mortality by 2015, among others. Released by the Ministry of Statistics and Programme Implementation (MoSPI), the report says that India is...

-The Indian Express The forthcoming budget is expected by some to be make-or-break or path-breaking, by others, to provide a legislative or economic roadmap for the rest of this government's term. Most likely, it will focus on issues within the purview of the finance ministry, namely, macro management, taxation, expenditure, the financial sector and balance of payments. The abolition of the Planning Commission and the 14th Finance Commission recommendations on tax devolution...