-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...
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Spending on subsidies surged, education and health lagged during 10 years of UPA -Sidhartha
-The Times of India NEW DELHI: When finance minister P Chidambaram presents his first interim budget on Monday, he is expected to devote a significant chunk of his speech - which may be between 12 and 18 pages - to UPA government's spending on social sector schemes, especially health, education and rural development. But what is probably going to slip through is the fact that these sectors actually witnessed a comparatively...
More »Blamed for ‘policy jam’, but CAG can’t monitor 60% of govt schemes -Sandeep Pai
-The Hindustan Times Facing allegations of policy paralysis, the government has often said bureaucrats are afraid to take decisions in the face of increased scrutiny by the national auditor, but HT has found that CAG doesn't have the authority to monitor more than half of the Centre's schemes and programmes. In fact, a draft bill to broaden and clarify the powers of the Comptroller and Auditor General, which has had several run-ins...
More »India has the highest population of illiterate adults: Unesco -Prashant K Nanda
-Live Mint At 287 million, India has 37% of the total population of illiterate adults across the world, according a Unesco report New Delhi: The world will miss its goal of universal education by 2015, with millions of children and adults still to be schooled, said a United Nations (UN) body. India has the highest population of illiterate adults, 287 million, 37% of the total population of such people across the world,...
More »In India, poor kids are illiterate despite 4 years of education: Unesco report -Manash Pratim Gohain
-The Times of India NEW DELHI: In India, even after completing four years of school, 90% of children from poorer households remain illiterate. And this also holds true for around 30% of kids from poorer homes despite five to six years of schooling. Besides, only 44% of rural students in the Std V age group in Maharashtra and 53% in Tamil Nadu could perform two-digit subtraction. And it will take another 66...
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