Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...
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Hard reality and political compulsions may force a rural-focused budget
Budgetary allocation to a particular sector indicates how much priority the government assigns to that sector as compared to the rest. A preliminary analysis by the Inclusive Media for Change team indicates that the actual expenditure (net of receipts and recoveries) by two of the country’s most important ministries, namely the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) was less than 1 percent...
More »A lifeline, interrupted -Nikhil Dey & Aruna Roy
-The Indian Express Government is prioritising savings over MGNREGA and rights of the poor. Rambeti from Sitapur, Uttar Pradesh, graphically described the predicament of MGNREGA workers like her in a recent press conference in Delhi. “The government repeatedly states that it will not let us die of starvation. But the truth is, it does not allow us to live either.” That is a terrible evaluation of MGNREGA — a landmark legislation enacted...
More »Fund crunch: 88% of NREGA budget over, 6 months left -Shalini Nair
-The Indian Express Last financial year, of the additional Rs 15,000 crore that the MoRD sought in supplementary demands, the Finance Ministry cleared only Rs 9,000 crore. Despite the Centre’s claim that this year’s MGNREGA budget is the highest ever, almost 88 per cent of the funds available for the scheme have already been exhausted, just halfway through the financial year. As of next week, only Rs 6,000 crore of the Rs...
More »Among other things, Govt. should pay MGNREGA wages without delay, says letter to the FM from activists
Protesting social activists at Jantar Mantar (Delhi), who are fighting for better working conditions of MGNREGA workers, have recently shot off two demand letters – one addressed to the Finance Minister of India and the other to the Secretary of Department of Rural Development at the MoRD. The letter addressed to the Finance Minister Shri Arun Jaitley, dated 13 September, 2017, has been signed by eminent activists including Nikhil Dey,...
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