-Centre for Budget and Governance Accountability (CBGA) Press Release   New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...

-Press Information Bureau/ Ministry of Finance The plan outlay of 2015-16 reflects the compositional shift in the allocations for various Programmes and Schemes in view of high devolution; 42% of Union Taxes, to States as per the recommendation of 14th Finance Commission. Making his Budget Speech while presenting the General Budget 2015-16, the Finance Minister, Shri Arun Jaitley said that consequent to this substantially higher devolution, many schemes on the State...

-The Times of India NEW DELHI: All governments till now, including the present one, have promised that they will do their utmost to uplift dalits and adivasis who make up about 24% of India's population and generally occupy the lowest rung of the social and economic hierarchy. One way of fulfilling this eternal promise has been the system of specially earmarking funds from the Five Year Plan outlays for dalits and...

-Economic and Political Weekly   Amendments proposed by the previous Congress-led union government to the Panchayat (Extension to Scheduled Areas) Act 1996 had the potential of improving upon this progressive legislation. Unfortunately, with its successor pursuing different priorities, the possibility of the amendments being passed remains rather low. Kamal Nayan Choubey (kamalnayanchoubey@gmail.com) is with the Nehru Memorial Museum and Library, New Delhi. A bill for an amendment to the Panchayat (Extension to Scheduled Areas)...

-Business Standard The Supreme Court asked the Union environment ministry to review six specific hydroelectric projects on the upper Ganga basin in Uttarakhand. On Wednesday, the ministry informed the apex court that its expert committee had checked and found the six had almost all the requisite and legitimate clearances. But, the ministry did not tell the court the experts, in the report to the ministry, had also warned these dams could...