Mass leaders in India have a tradition of broaching BSP —bijli, sadak and pani — issues to strike a chord during election rallies. However, in almost each of her 150-plus rallies across the state in the election season, Mamata Banerjee deviated from the conventional mix and squeezed into her speech phrases like debt burden, public finance and economic recovery. Whether such esoteric terms found resonance or not, Mamata did get across the...

A study ranks States on availability of budget documents, completeness of information These States should adopt practices to improve public access to budget information They should also produce a key to budget documents and a statement on funds Maharashtra ranks seventh among 10 States in a study of transparency in State budgets released in February. The State plan does not provide much information on the Scheduled Caste sub-plan and does not share details of...

India is expected to witness 5.4 per cent growth in the farm sector in the current fiscal 2010-11 as indicated by substantial expansion in area and production of major crops in both Kharif and Rabi seasons, official sources said today. "In the first half of 2010-11, farm sector has achieved growth of 3.8 per cent, rebounding from -0.1 per cent and 0.4 per cent in the previous two years," an official...

The Centre has approved a performance related incentive scheme (PRIS) that will allow babus performing well to avail of cash incentives from the next fiscal onwards. A committee of secretaries chaired by Cabinet Secretary K M Chandrasekhar approved the scheme last fortnight and has asked the Department of Expenditure to work out guidelines for its implementation. To avail of the incentive scheme, government departments will have to get a performance rating of...

The budget is more concerned about the consumer than the grower A LOOMING food crisis in the world and high food inflation rates at home made Pranab Mukherjee’s proposals to boost agriculture in his 2011 budget more keenly watched than usual. These are factors that clearly weighed with the finance minister who repeatedly said that his principal concern this year has been the continuing high food prices. The squeeze on the...