-Newsclick.in The Modi Government’s sudden modification of the terms of reference via a presidential order on July 29 is an attempt to squeeze the revenue share of states, say Opposition leaders. New Delhi: The Narendra Modi government’s decision to change the terms of reference of the 15th Finance Commission through a Presidential Order is aimed at further squeezing the revenue share of states, without even consulting them, various finance ministers of non-BJP...
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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)
-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
More »Not Just J&K, India's Constitution Provides Special Powers to 10 States
-TheWire.in Over the years, the parliament, under powers granted by Article 368, added a number of constitutional provisions under Article 371 to grant special powers and privileges to several states. New Delhi: The announcement of the Narendra Modi government’s decision in parliament to scrap the exclusive position enjoyed by the state of Jammu and Kashmir under Article 370 of the constitution has brought about mixed responses from both political parties and the...
More »Safety Net That Works -Shonar Lala
-The Indian Express Before contemplating new rural programmes, government must expand MGNREGA In the run up to the elections, a plethora of redistributive programmes, including farm loan waivers, cash transfers and minimum income guarantees came to the forefront as campaigners sought to balm rural distress. Amongst these is a proposal to launch a revised NREGA 3.0, in which 150 days of employment would be guaranteed to the rural poor. Almost 15...
More »Against the odds, Centre forging ahead with ambitious river-interlinking project -Radheshyam Jadhav
-The Hindu Business Line Pune: Will the interlinking of rivers mitigate drought and the effects of floods? Yes, says the Centre. Notwithstanding the debates on the merits and demerits of the plan, the Ministry of Water Resources wants to take forward the interlinking of rivers. “Interlinking of rivers can play a major role in water management in the country,” the Ministry of Water Resources, River Development and Ganga Rejuvenation told the Rajya...
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