-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
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The good is in the detail -S Gurumurthy
-The Hindu The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...
More »Rajasthan's DISE report paints a grim picture for girl students -Shoeb Khan
-The Times of India JAIPUR: The number of girls in the state's government schools is decreasing since last three years. For the 2013-14 period, in primary section, for every 100 boys, the ratio of girls enrolled is 87, said the District Information System for Education (DISE) survey. This is less than the national average of 93 girls for 100 boys. The state's performance is poorer compared to states like Bihar (98),...
More »Bills in crores, Rs 2 lakh marked for patients -Durgesh Nandan Jha
-The Times of India NEW DELHI: Two super-speciality hospitals in the capital have not admitted any patient but auditors point out that both have already spent crores in maintenance. In 2011-12, Rajiv Gandhi Super-Speciality (RGSS) hospital had spent Rs 4.83 crore out of a budget allocation of Rs 5 crore. The following year, the allocation was increased to Rs 6 crore even though the expenditure on medical treatment remained the SAMe -...
More »Corporate karza maafi at Rs. 36.5 trillion -P Sainath
-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years. It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...
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