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Budget 2012: Finmin seeks to blur plan-non-plan distinction by Devika Banerji & Deepshikha Sikarwar

The Planning Commission and the finance ministry are at odds over the accounting of plan and non-plan schemes in the budget.  While the finance ministry is pushing for inclusion of more than 10 non-plan schemes in the planned budget for the next financial year, the Planning Commission is resisting the move as it would eat into the share of existing schemes. The commission's reluctance follows an expected cut or flat allocation...

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Snakes and ladders by Amartya Sen

Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...

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SC scraps UPA’s Licence Raja by Krishnadas Rajagopal

Sending a clear message that the 2G spectrum allocation of 2008 is a scam and not the result of a government policy decision, the Supreme Court today quashed the grant of 122 UAS licences and allocation of spectrum to 12 private companies. Even as the trial in the 2G case progresses in a Patiala House trial court in Delhi, a bench of Justices G S Singhvi and A K Ganguly held...

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Farmers thwart bid to sell mining lease in Bichwa, Tekadi by Vijay Pinjarkar

-The Times of India   The farmers from Bichwa and Tekadi in the district have thwarted an attempt to sell mining leases which have already been suspended by Indian Bureau of Mines (IBM). The state government had granted lease for manganese and dolomite mining over 17.25 hectares in Bichwa and 11.5 hectares in Tekadi to one AD Kuhite of Nagpur on March 22, 1996. The 20-year lease period expires on August 10, 2016. However,...

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Panel for income-linked cap on marriage spend by Mahendra K Singh

-The Times of India How much you can splurge on the buffet, trousseau and finery at a family wedding may depend on how much you earn. A high-powered government panel has recommended income-linked cap on marriage expenditure, including gifts and food served.  The recommendation by the Planning Commission's Working Group on Women's Agency and Empowerment is part of the effort to tighten the provisions of Dowry Prohibition Act, 28 years after its...

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