-The Telegraph New Delhi: Finance minister Arun Jaitley today promised gifts for children, women, patients and the poor but slashed his government's funding across the social sectors. Budget outlays for education, health, rural development, social justice and women and children have fallen sharply or remain close to the outlays these sectors had received last year. The allocation for children under the women and child development ministry witnessed the sharpest fall from last...

-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...

-The Indian Express The Congress may be quick to attack the ruling NDA government for attempting to dilute the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) since it came to power, and for its poor implementation this year, but the high-profile constituencies of Congress president Sonia Gandhi and party vice-president Rahul Gandhi have performed dismally under the scheme, ranking below the national average on most key parameters. MGNREGA, introduced in...

-DNA Mahatma Gandhi National Rural Employment Guarantee Act, popularly knowns as NREGA, is the most romantic and largest development project in human history. It is extremely popular and invited widespread hatred. It embodies remarkable scope for alienated people and effortless corruption for powerful people at the lower level. The amount spent on it over the last nine years is about Rs3.50 lakh crore. The average number of jobs generated per year...

-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...