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Impending rains pose a risk to rabi harvest -Nikita Mehta & Sayantan Bera

-Livemint.com The rainfall which is expected to hit the states between 11 and 15 March will be caused by an intense western disturbance currently lying over Iran New Delhi: After two back-to-back deficient monsoons and a warm and dry winter, India Meteorological Department has warned of heavy unseasonal rain and hailstorm in 14 Indian states, which could pose as a threat to the Rabi harvest. The rainfall which is expected to hit...

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Rail Budget 2016: Kudos Suresh Prabhu, for signalling much-needed focus shift to customers, staff -Payal Dey

-FirstPost.com Preparation of budgets is traditionally an incremental process: the first railway budget of the present government took off from the landscape sketched in the 12th Five Year Plan. Expansion, modernisation and development of railway infrastructure were to be given thrust through 3Ps: Public-Private Partnerships. Budget 2016-17, however, promises a new horizon on two fronts: overcoming challenges through 3Rs: Reorganising, Restructuring and Rejuvenating Indian railways, and introducing pillars of strategy, including zero-based...

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Govt bullish on MGNREGS, but bearish on funds -Nitin Sethi

-Business Standard Centre owes states Rs 5,595 crore for work already completed A day after the government claimed success in Parliament over implementing the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), government data reveal the Centre owes states Rs 5,595 crore dues for work already completed — 16 per cent of the budgeted funds for the scheme — causing stress to people, particularly in drought-hit states. After two quarters of revival in...

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The state of social sector spending in 15-16 -Avani Kapur and Vikram Srinivas

-Livemint.com Overall, we find that social sector investments have in fact increased across all states, except Bihar In February 2015, the Government of India accepted the Fourteenth Finance Commission’s (FFC) recommendation to empower states with greater expenditure discretion. The states’ share in Union taxes, therefore, increased from 32% to 42%. While the move holds the promise to reform India’s centralized, one-size-fits-all approach to financing the social sector, the process adopted by...

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Farmland-lease nod on table -Basant Kumar Mohanty

-The Telegraph New Delhi: A high-level panel is set to propose legalising the leasing of farmland in all states, a practice now banned in many states as a perceived legacy of the zamindari system. If it's legalised, people unable or unwilling to till their farmland - or at least the whole of it - can formally lease their land or a part of it for cultivation by others. This will allow millions of...

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