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Land bill passed in Lok Sabha

-The Hindu Nine amendments have been adopted. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015, popularly known as the land bill, was adopted by the Lok Sabha after debating it for two days. Congress and Biju Janata Dal walked out ahead of the voting, to protest the removal of a clause that makes it mandatory to get farmers' consent prior to the acquisition of land...

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Mission for Green India, MGNREGA will converge to facilitate afforestation on 10 million hectares of land -Yogima Sharma

-The Economic Times NEW DELHI: The Centre has decided to extend its flagship rural jobs scheme to include afforestation as part of a move to create more durable assets through the programme that Prime Minister Narendra Modi recently derided as a living monument to the previous UPA government's failures and promised to overhaul. Officials said the National Mission for a Green India (GIM) and the Mahatma Gandhi National Rural Employment Guarantee Act...

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Budget 2015-16 takes a leap towards market fundamentalism: CBGA

-Centre for Budget and Governance Accountability (CBGA) Press Release   New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...

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Strong on the social sector side -Yashwant Sinha

-The Hindu Budget making is a complex exercise, especially in a country like India. Therefore, the parameters to judge the annual budget are also many. For me, the arithmetic of the budget is the first. According to the statements made by the Prime Minister and the Finance Minister, one expected the fiscal deficit targets to be adhered to. However the Finance Minister has extended it from two to three years....

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8 Centrally Sponsored Schemes Delinked from Support of the Centre

-Press Information Bureau/ Ministry of Finance The plan outlay of 2015-16 reflects the compositional shift in the allocations for various Programmes and Schemes in view of high devolution; 42% of Union Taxes, to States as per the recommendation of 14th Finance Commission. Making his Budget Speech while presenting the General Budget 2015-16, the Finance Minister, Shri Arun Jaitley said that consequent to this substantially higher devolution, many schemes on the State...

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