-Outlook Is the devolution of national funds to states really worth the praise? * Share of the states in the divisible pool of central taxes has risen from 32% to 42% for five years till 2019-20 * Rise in untied funds transferred is accompanied by cut in Central assistance for state plan spending * Limited ability of the poorer states to expand their fiscal space with own revenue collection * Funds for rural development...
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Pretending to be pro-poor, little change over UPA -Arun Kumar
-The Tribune While giving concessions worth Rs.1,000 crore in the direct taxes paid by the rich, the government plans to net an extra Rs. 19,000 crore in indirect taxes, which are contributed by all. This reveals a regressive intent. Like all Union budgets, this one also is long on promises but hides the real dynamics, namely, how the resources are to be raised for the promised very substantial expenditures. The budget is...
More »Questions that need answers -Paranjoy Guha Thakurta
-The Asian Age As one listened to finance minister Arun Jaitley deliver his third Budget speech, the overwhelming impression that was sought to be created was along anticipated lines. Here was a government whose heart was bleeding for the hapless farmer toiling in the fields, the agriculturist whose livelihood has been all but destroyed by two successive monsoon failures. Here was an administration whose representatives were concerned about the “curse of...
More »Millions of farmers don’t have safeguards against climate change impact -Chetan Chauhan
-Hindustan Times The impact of climate change on India’s agriculture is more evident than ever before, but millions of small and marginal farmers do not have adequate safeguards, said a study released on Friday. The country’s farm sector is considered highly vulnerable to shifts in weather patterns as half of the cropland is dependent on rainfall, drawing around 60% of the farmers to the core of the climate-proofing debate. Climate change increases frequency...
More »Odisha may allow tribals to sell their land to non-tribals -Satyasundar Barik
-The Hindu BHUBANESWAR: The Odisha government is giving final touches to the proposed amendment to the Odisha Scheduled Areas Transfer of Immovable Property Regulations, 1956, which would open a window for tribals to sell their land to non-tribals in the Fifth Schedule areas. As per the proposal, tribal land will be transferred to tribal or non-tribal buyers through auction. The State government, which has already held four consultations on the issue in...
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