-The Times of India The Narendra Modi government appears to have continued where the Congress regime left off as far as welfare of Dalits and adivasis is concerned. Plan allocation for schemes under various ministries and departments that serve dalits and adivasis remains much below the targeted levels in the Union Budget for 2015-16. Total Plan allocation in the recently presented Union Budget is Rs 4.65 lakh crore. To ensure that Plan funds...
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CM counts Rs 15000cr loss
-The Telegraph Patna: Chief minister Nitish Kumar today charged the Centre with abolishing the Backward Regions Grant Fund (BRGF) in "clear violation" of the Act mandated by Parliament and said he was thinking of moving court against the decision. "I met Union finance minister Arun Jaitley on February 26 and specifically apprised him that the BRGF abolition was in contravention of the Bihar Reorganisation Act, 2000. The special assistance under BRGF had...
More »Social spending cut first time in a decade
-Hindustan Times The government slashed plan expenditure by about 20% in the 2015-16 budget amid fiscal concerns, hitting spending on social sectors such as education and women's empowerment that were the focus areas of the previous UPA administration. In the 2014-15 budget, Arun Jaitley allocated Rs. 5,75,000 crore for plan expenditure, or money that goes towards creation of productive assets, but could spare only Rs. 4,65,277 crore this time. This is also...
More »Budget 2015-16 takes a leap towards market fundamentalism: CBGA
-Centre for Budget and Governance Accountability (CBGA) Press Release New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...
More »Panchayat schemes off Centre table -Basant Kumar Mohanty
-The Telegraph New Delhi: Eight central schemes have been left to states following the Centre's decision to raise their share of federal taxes, but this has left the Union panchayati raj ministry almost jobless. The schemes de-linked from central support are: Backward Regions Grant Funds (BRGF) of the panchayati raj ministry; Rajiv Gandhi Panchayat Sashaktikaran Abhiyaan (RGPSA) of the panchayati raj ministry; E-governance...
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