-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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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 »Government of India and World Bank Sign $500 Million Agreement to Improve Rural Water Supply and Sanitation Services in Four Indian States
-The World Bank About 7.8 million rural people are expected to directly benefit from the project NEW DELHI: The government of India and the World Bank today signed a $500 million credit agreement to improve piped water supply and sanitation services through decentralized delivery systems in the states of Assam, Bihar, Jharkhand and Uttar Pradesh. The credit agreement for the Rural Water Supply and Sanitation (RWSS) Project for Low Income States was signed...
More »Giving Dalits their due -Ajoy Ashirwad Mahaprashasta
-Frontline Two draft Bills on the Tribal Sub-Plan and the Scheduled Caste Sub-Plan raise hopes of granting these decades-old schemes statutory status and ensuring allocation of funds in the Central and State budgets for their implementation. IN a significant legislative move, the Union government's Ministry of Tribal Affairs released a draft Bill for the implementation of the long-neglected Tribal Sub-Plan (TSP), a special programme mandated by the Planning Commission to benefit the...
More »A detailed map for financial inclusion-CRL Narasimhan
-The Hindu The report of the Reserve Bank of India (RBI)-appointed Committee on Comprehensive Financial Services for Small Business and Low Income Households has been placed on the central bank's website for comments. Considering the voluminous nature of the report and even more pertinently its complex and, detailed treatment of the subject, the deadline for receiving comments, now set at January 24, would, in all probability, need to be extended. The report packs...
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