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Direct cash transfers to cut LPG subsidy by 25%: FM

-The Times of India NEW DELHI: Finance minister Arun Jaitley on Sunday said the direct transfer of cooking gas subsidies into the bank accounts of users will help the government cut its subsidy bill by around Rs 12,700 crore, or around a quarter of the funds spent last year. The minister used the successful transition to direct benefit transfer (DBT) system to argue for extending the scheme to other subsidies, something that...

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States to have greater say in three flagship schemes

-PTI The Prime Minister on Thursday launched three missions on Smart Cities, Atal Mission for Rejuvenation and Urban Transformation, and Housing for All. States and Union Territories will have a greater say in implementation of the three flagship schemes for urban development launched by Prime Minister Narendra Modi on Thursday, as per the guidelines issued. Operational guidelines for implementation of Smart Cities, Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and Housing for...

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Modi government cuts social sector allocations to states by half to promote cooperative federalism

-The Economic Times BENGALURU: As the central government devolves more fiscal freedom to the states, they seem to be cutting allocations to social sectors, especially agriculture and allied areas in response, according to the initial findings of a study. The Narendra Modi administration wants to empower states further as part of a push toward cooperative federalism. Finance Minister Arun Jaitley's February budget cut allocations to the states by more than half in...

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Mr. Modi’s war on welfare -G Sampath

-The Hindu The Modi government is determined to dismantle the two-pronged welfare paradigm. It is now an established fact that one area where the Narendra Modi administration has acted with a sense of purpose, urgency and resolve is in slashing social expenditure. Be it education, health, agriculture, livelihood security, food security, panchayati raj institutions, drinking water or the Scheduled Castes/Scheduled Tribes sub-plan, central government funds earmarked for social protection have been cut. The...

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Cabinet likely to give nod to real-time Fund Transfer for MGNREGA -Jitendra

-Down to Earth This decision is expected to address the delay in transfer of funds from the Centre to states A decision to transfer funds for India’s flagship employment guarantee scheme in real time will be taken soon. This is expected to end the procedural delay in Fund Transfer for the scheme to states, a factor known to be behind its poor implementation. It will enable states to get their share of...

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