-Newsclick.in The Modi government has created a huge mess of its finances in the past year cutting spending and borrowing heavily. When the Union Budget is presented tomorrow (February 1), the government will have its hands full and pockets empty. In the current financial year, which will end on March 31, currently available information shows that revenues (government income) are going to be much short of what was estimated in last year’s...
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This Year's Budget Is Critical to Ensure a Comprehensive Nutrition Response -Happy Pant
-TheWire.in One of the most disturbing effects of the pandemic has been on the nutritional needs of the disadvantaged. The Budget needs to prioritise addressing this issue. The pandemic led disruptions of nutrition services have exacerbated India’s existing burden of undernutrition. Children did not get the mid-day meals and supplementary nutrition under the anganwadi services scheme they were registered under. Critical health services like immunisation, iron-folic acide and calcium supplementation, treatment of...
More »NITI Aayog's megacity plan for Little Andaman alarms conservationists -Pankaj Sekhsaria
-The Hindu The proposed construction of a mega financial-tourist complex on Little Andaman Island will place at risk a fragile ecosystem and result in habitat loss of the vulnerable Onge tribe and rare wildlife A plan for the sustainable and holistic development of the 680 sq km, fragile Little Andaman Island in the Andaman and Nicobar group has raised the alarm among conservationists. The ‘Sustainable Development of Little Andaman Island - Vision Document’,...
More »China still ‘largest source of critical items’ for India -Ananth Krishnan
-The Hindu India is working on a multi-pronged strategy to reduce this reliance. China still remains the largest source of critical imports for India, from mobile phone components to pharmaceutical ingredients, and India is working on a multi-pronged strategy to reduce this reliance, which is a bigger concern than the imbalance in trade. “The trade deficit is not in dollars, it is in overdependence,” said Sanjay Chadha, Additional Secretary in the Ministry of...
More »India tightens oversight on funds received by NGOs -Vijaita Singh
-The Hindu New guidelines to banks on Foreign Contribution (Regulation) Act rules. The Ministry of Home Affairs (MHA) has laid down a charter for banks which says that “donations received in Indian rupees” by non-governmental organisations (NGOs) and associations from “any foreign source even if that source is located in India at the time of such donation” should be treated as “foreign contribution”. As per the existing rules, all banks have to report...
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