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An open letter to Finance Ministers -TM Thomas Isaac

-The Hindu Political alignments should not come in the way of defending the fiscal rights of States My fellow Finance Ministers in the States, I hope you will agree that the award of the Finance Commission is vital to State finances. Some of us who met initially at Thiruvananthapuram, Kerala, and later at Amaravati, Andhra Pradesh, are worried about the implications of the terms of reference (ToR) of the Finance Commission...

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Southern comfort: India's global poverty rank improves -Suvojit Bagchi

-The Hindu Study says poverty levels fell from 55% to 21% in a decade, mainly due to the lowered burden in the southern States Kolkata: India’s Multidimensional Poverty (MDP) has dropped significantly, largely as a result of the performance of five key southern States. Between 2005-06 to 2015-16, poverty level came down from 55% to 21%, improving the country’s MDP ranking. Following the drop in poverty levels, India moved to the 26th...

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An unlikely village for Rythu Bandhu scheme

-The Hindu Land owners get money, those who till get nothing CHANDA (T) (ADILABAD DISRICT): Chanda (T), the village where the Rythu Bandhu programme was launched by Forest Minister Jogu Ramanna in Adilabad district on Thursday threw up a curious scenario as only those who could seemingly do without investment support receiving it and those who forcefully lay claim to it by virtue of being poor landless being ignored. Yes, almost all those...

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Why is the South wary of 15th Finance Commission? -Tina Edwin

-The Hindu Business Line Because they are wealthier and have a lower population than northern States New Delhi: The southern States are less dependent on transfers from the Centre than many of their northern peers, but a cut in transfers could leave their fiscal situation precariously poised and upset some of their expenditure plans. That is exactly what they fear will happen when the 15th Finance Commission uses the 2011 population data —...

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Jean Dreze, development economist and social activist, interviewed by Rupashree Nanda (CNN-News18)

-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...

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