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Budget 2018 to focus heavily on infra, rural spend, says ICRA -Joe C Mathew

-Business Today Social sector spending and investments in infrastructure development could be the highlights of the forthcoming Union Budget 2018-19, credit rating agency ICRA forecasts. It expects increase in budgetary allocations for social infrastructure and social security spending, such as NREGA (rural job security), food subsidy (food security), insurance schemes and welfare pensions. Larger allocations for infrastructure related to cold chains, etc., considered to boost the agricultural sector and the rural...

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Who is to blame for increasing derailments? -Dipti Jain

-Livemint.com 44% of derailments between 2012-13 and 2016-17 were due to failure of tracks, fittings There have been nine incidents of train derailments in the past one month. The spate of accidents has increased anxiety among passengers and also generated a lot of political heat. What are the concrete facts though? Have train derailments been increasing? What is causing these accidents? Is it sabotage, human error or dilapidated infrastructure? A NITI Aayog discussion...

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More money for social schemes in 2019 run-up

-The Times of India NEW DELHI: Several social sector schemes, such as MGNREGA, housing, irrigation, education and connectivity, are expected to see a significant increase over the next two financial years as the government ramps up spending in key areas ahead of the 2019 elections. According to the medium-term expenditure framework statement tabled in Parliament by finance minister Arun Jaitley on Thursday, the Centre's total spending is set to reach Rs 26...

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India's laggard states need a bigger infrastructure push -Sachin P Mampatta and Tadit Kundu

-Livemint.com Little has changed in terms of infrastructure gap between India’s rich and poor states between 2005-06 and 2014-15 From expressways in Uttar Pradesh to road tunnels in Jammu and Kashmir, large infrastructure projects are showcased by state governments as examples of development politics. Have these efforts been successful in bridging the infrastructure gap between Indian states? A look at the changes in the Mint state infrastructure index between 2005-06 and 2014-15 shows...

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Land acquisition may not be a zero sum game, two new studies show -Subhomoy Bhattacharjee

-Business Standard Land acquisition cases take on an average 20 years to navigate the courts Within three years of the framing of the new land law by the Centre, as many as 280 cases have landed in the Supreme Court using the window the law provides to challenge pending acquisitions. Yet land switching from farming to industry need not be a zero sum game as two key studies on land released last...

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