-The Hindu Business Line Chennai: The Fourteenth Finance Commission has formulated its recommendations without any reference to the distinction between Plan and non-Plan outlays. This will facilitate greater attention to maintenance expenditure, and reduce incentives to boost capital works and show large-sized plans, said YV Reddy, Chairman of the Commission and former Governor of the RBI. Delivering the Raja J Chelliah Memorial Lecture at the Madras School of Economics on Monday, Reddy...

-The Telegraph New Delhi: Maneka Gandhi has asked non-profit organisations to move beyond stereotypical skills like stitching and tailoring to "specific vocations" while applying for funds to train women and warned of a crackdown if the course didn't lead to employment. Sources in Maneka's women and child development ministry said the advisory, sent to all NGOs working with the department, had basically two objectives: weed out fraudulent applicants and impart skills with...

-The Hindu Business Line   Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...

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 Telegraph Bhubaneswar: The Naveen Patnaik government has sought the corporate sector's help to finance its new Aahaar (food) scheme, under which rice and dalma would be served to people at lunchtime for Rs 5. The scheme would be launched on April 1, coinciding with the 79th foundation day of the state, in Bhubaneswar, Cuttack, Berhampur, Sambalpur and Rourkela. It would cater to 25,000 people every day. In Bhubaneswar, the subsidised food will...