-The Hindu In yet another move to curb wasteful expenditure after launching an austerity drive in Ministries, Central departments as also autonomous bodies, Finance Minister Pranab Mukherjee on Thursday pitched for streamlining the delivery mechanism for distributing subsidised commodities such as food ration, cooking gas and all other targeted government schemes for the ‘Aadhaar' platform. In a letter to Chief Ministers of 16 States and Union territories, Mr. Mukherjee said: “...given the...

-The Assam Sentinel The Assam Government often claims that it has achieved a lot in the field of agricultural development in the State. Though the State has seen some improvement in crop production, the irrigation sector, a main constituent in agricultural growth, is yet to be improved in the State.   Sources said that mere focus on crop production without overhauling irrigation facilities will not propel the State’s agricultural growth. The projected outlay...

-The Economic Times The finance ministry on Thursday announced a 10% cut in non-plan expenditure in the current fiscal as part of austerity measures aimed at containing its ballooning fiscal deficit. The Centre is aiming to bring down its fiscal deficit to 5.1% of GDP in 2012-13, from 5.76% in the previous fiscal. It also hopes to cut its subsidy bill to below 2% of GDP this year. The ministry has argued that...

Now that the SC has upheld the 25 per cent clause, Centre and states must work on implementation Now that the Supreme Court has upheld the constitutional validity of reservation of 25 per cent of admissions at the entry-level in private unaided schools for disadvantaged sections, focus should shift to the implementation of this provision. The Right to Education Act stipulates that private unaided schools “shall be reimbursed expenditure so incurred...

The Ministry of Tribal Affairs (MoTA)'s plan to introduce a Minimum Support Price (MSP) mechanism for 13 items of minor forest produce (MFP) has been approved by the Planning Commission. Sources in the Ministry told The Hindu that a detailed financial proposal would be sent to the Expenditure Finance Committee of the Finance Ministry by June 7 after which it would go to the Cabinet. Union Minister Kishore Chandra Deo, who...