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Budget 2014: Political move? UPA shifts power over huge spending to states

-The Times of India NEW DELHI: The next government at the Centre will have far less money to play with, thanks to something Chidambaram has done. He has transferred substantial control over spending on centrally-sponsored schemes such as employment guarantee and Sarva Shiksha Abhiyan to the states. In the coming year, the amount is Rs 3.4 lakh crore. State governments will be pleased. Political observers see it as a move to curry...

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Pension Parishad members criticize Interim Budget for 2014-15

-Press Release Pension Parishad Pension Parishad members have decried the manner in which the UPA-II government is appeasing the credit rating agencies and captains of finance and industry while ignoring millions of elderly and deprived people of their right to social security in this country New Delhi, 17 February 2014: Describing the Interim Budget for 2014-15 "as an absolute let-down", Nikhil Dey, speaking on behalf of the Pension...

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Government to Borrow 25 Paise for Every Rupee

-Outlook For every rupee in government kitty, as much as one-fourth will come from market borrowing in 2014-15, lower than the current fiscal ending March 31. The government's dependence on debt has come down from 27 paise in the previous Budget to 25 paise in the coming year, reflecting ease of pressure on revenue collections. As per the proposals presented today by Finance Minister P Chidambaram in the interim Budget, net borrowings of...

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Unchanged by change: rural job limp -Pranesh Sarkar

-The Telegraph Calcutta: The amount of work Bengal has provided under the central 100-day-a-year scheme in 2013-14 is much less than the national average, latest data have shown, swivelling the spotlight on a trend continuing since the Left rule. Although providing work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is a focus area of the Mamata Banerjee government, Union rural development ministry data show that Bengal has given...

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Whose Forest is it Anyway?-Shirish Khare

-Tehelka In their struggle for forest rights, the Baigas of Madhya Pradesh have adopted a form of protest dating back to the 1930s, says Shirish Khare An idol placed under a banyan tree passes for a temple in Masna village in Mandla district of Madhya Pradesh. Surrounded by dense forests, the village is inhabited by the "primitive" Baiga tribe. "The government has taken over our land and enclosed it with barbed...

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