-The Indian Express The Union budget is largely about the intentions and policies of the government of the day, as well as the arithmetic of resource mobilisation and allocation to achieve certain ends in the economy. The diagnostics of various economic problems and their probable solutions are generally found in the Economic Survey. The Economic Survey clearly indicates that growth in agri-GDP in FY15 has collapsed to just 1.1 per cent, while...
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Budget for huge increase in DBT -Puja Mehra
-The Indian Express Benefits of Rs.33,000 crore will flow every year to the accounts of beneficiaries The Union Budget 2015-16 proposes a 10-fold scaling up of direct benefit transfers (DBT) during the next financial year as a key expenditure control measure. The move is expected to lead to accurate targeting of beneficiaries, de-duplication, reduction of fraud and elimination of waste and leakage in public programmes and schemes. The total number of beneficiaries under 35...
More »Centre's new fund distribution plan dents flagship health, AIDS programmes
-Reuters NEW DELHI: India's main public health programmes, aimed at millions of rural poor, have been in disarray for months because the government changed the way that over $1.3 billion of central funds were distributed, according to data and letters seen by Reuters. In a bid last year to give states more power, the Union health ministry started sending funds for public health programmes to state treasuries, instead of direct transfers to...
More »Whose national interest? -Nandini Sundar
-The Indian Express Indian National Interest requires that our environment be ruined, people displaced, resources thoughtlessly mined, all for the benefit of foreign companies and for the private benefit of people in power. This is the only conclusion that we can draw after reading the recent revelations on Essar alongside the ministry of home affairs (MHA) affidavit in the Delhi High Court responding to Greenpeace activist Priya Pillai's plea that her...
More »The budget exposes the class bias of the Modi govt -Prasenjit Bose
-Hindustan Times Finance Minister Arun Jaitley's claims of already having achieved an economic turnaround, made in his budget speech, evoke suspicion. Inflation is certainly down and so is the current account deficit, but that has almost entirely to do with the crash in international crude oil prices, which have fallen from $110 per barrel in June 2014 to around $57 per barrel currently. In fact, rather than passing on the full...
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