-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...
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Economic Survey gaffe stuns Sangh -Ananthakrishnan G
-The Telegraph Thiruvananthapuram: The NDA government's economic survey has referred to a stalled airport project in Kerala as a live one, shocking the local Sangh parivar that sees its success in blocking the plan as a feather in its cap. The Sangh's efforts had led to the National Green Tribunal quashing the previous UPA government's environmental clearance to the private airport project at Aranmula, a Unesco Global Heritage Village in Pathanamthitta district,...
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...
More »Less cash for Dalits, tribals -Basant Kumar Mohanty
-The Telegraph New Delhi: Finance minister Arun Jaitley has slashed the overall allocation for Dalits and tribals in his budget compared with last year's proposals in a trend critics fear could see the "last man" gradually becoming the "lost man". The media, too, came in for criticism for giving the "impression" that the country had no SC/ST citizens. Jaitley yesterday set aside Rs 30,851 crore for Scheduled Castes and Rs 19,980 crore for...
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...
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