The National Rural Employment Guarantee Scheme completes five years this year. A week before the budget, CNBC TV18's Gopika Gopakumar travels to the interiors of Maharashtra to find out how the NREGA scheme is getting implemented. Pandurni village, in Nanded District of Maharashtra, is in high spirits. It has won the award for best performance in implementing the rural employment guarantee scheme for 2009-10. Around 1,500 people from this village are registered...

A day before the Group of Ministers meeting on environment clearances, the Environment ministry has expressed willingness to increase the coal mining area to 74 % in 28 blocks, which fall in forests, as against 65% earlier. Environment minister Jairam Ramesh is expected to inform the GoM that he was willing to allow coal mining in 28 coal blocks, which fall in 'No-Go' areas by redefining its boundaries. This means that an...

Government today decided to lift ban on exports of onion, following farmers' protest over crash in domestic prices within two months of touching Rs 80 a kg. The decision to this effect was taken at the meeting of the empowered group of ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee. But, as a precautionary measure against possibility of prices shooting again, the EGoM decided to allow shipments of onions at...

This budget season, Finance Minister Pranab Mukherjee is stuck juggling multiple imperatives. Big social-sector schemes are soaking up money; yes, the economy is rebounding, but growth needs careful watching; the fiscal deficit is widening, feeding inflationary fears; and, as usual, every ministry wants more money. It doesn’t surprise much, therefore, that the finance ministry is looking for ways in which government expenditure can be managed better. One giant hole has...

Corruption and inflation, the bugbears of UPA-2, dominated discussions Congress functionaries held with finance minister Pranab Mukherjee amid expectations from the party that a populist Budget would help check the negative tide against the Centre. Party leaders are hoping specifically for income tax relief for the middle class and concessions for rural populace as the budgetary antidote to the negativity post-2G spectrum scam. Mukherjee assured his party that prices would come down...