The third State Finance Commission today recommended that the state provide Rs 2,641.35 crore grant to panchayati raj institutions and urban local bodies for their inclusive growth and capacity building. A 264-page report of various recommendations was presented to Governor M.C. Bhandare and chief minister Naveen Patnaik by commission chairman Sudhakar Panda this afternoon. “We have recommended that the state provide Rs 2,220.25 crore grant to panchayati raj institutions and Rs 421.10...

With 15 of Orissa's 30 districts hit by drought amid allegations of more than 400 starvation deaths in nine years, a Supreme Court panel has asked the administration to rescue hungry people immediately to prevent possible deaths. The SC appointed Commissioner and Special Commissioner have recommended a "protocol" for preventing hunger deaths in the state. "Protocol for preventing starvation would ensure that the state response is appropriate to mitigate some...

A team from the World Bank will be in New Delhi soon to work out the nitty-gritties of a $1-billion loan to the urban development ministry for carrying forward the cash-starved flagship scheme for upgrading urban infrastructure, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). There would, however, be conditionalities attached to the use of the fund as it would be reform-linked and only select states would get access to...

Even a cursory glance at the daily newspaper reveals the economic mindset and the manipulation of that mindset into losing its sense of balance and well-being by the plethora of reports, articles and stories on the economic life of the Indian nation. There are all sorts of stories, statistics, credit appraisals, banking trends, FDI investment couched in the jargon of the modern economy that, curiously enough, seems to be so...

The convulsions that have gripped the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) — India’s flagship city development programme — with only three years to go for the termination of its assigned lifespan of seven years, is symptomatic of the country’s predilection to put politics above all other issues, including the vital ones. The Mission, aimed at pulling India’s 63 cities out of their dilapidation, which is somewhat reminiscent of...