Ashok Gehlot's Budget speech lays emphasis on social welfare measures Chief Minister Ashok Gehlot's Budget speech in the Rajasthan Assembly here on Wednesday laid emphasis on “positive results” of the State Government's work during the previous year for development of various sectors, and made a number of announcements for the welfare of different sections of society. In a significant declaration, Mr. Gehlot said a State-level Advisory Council would be constituted shortly in...
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The Plumber Arriveth by Shubhashis Gangopadhyay
There was a lot of apprehension before budget day regarding what the Union finance minister will do to reduce the deficit. Will he roll back the tax concessions implemented a couple of years ago as part of a fiscal stimulus package? Will he announce populist social sector spending in view of the major state polls coming up this year? Will he be too timid and not take any bold steps...
More »Food Security Bill: media can help
Two key issues Budget-2011 is seen as having failed to address are inflation and mass hunger. Finance Minister Pranab Mukherjee announced in his budget speech that the long-promised National Food Security Bill would be moved in Parliament “during the course of this year” but failed to make any financial allocation to back up this statement. Against the backdrop of fresh warnings by experts that the outlook is grim given the...
More »PDS coupons in Bihar to be bar-coded from June by Santosh Singh
In a unique move to curb corruption in the public distribution system (PDS), ration coupons in Bihar will be bar-coded from June. The next set of PDS coupons —a for June 2011 to May 2012 — has gone into print and will have bar code to prevent duplication. A bar code is a group of thin and thick lines printed on products you buy in a shop, and which a computer...
More »Corporate socialism's 2G orgy by P Sainath
The Union budget writes off Rs.240 crore in corporate income tax every single day on average — the same amount leaves India each day in illicit fund flows to foreign banks. In six years from 2005-06, the Government of India wrote off corporate income tax worth Rs.3,74,937 crore — more than twice the 2G fraud — in successive Union budgets. The figure has grown every single year for which data are...
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