Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

-Press Information Bureau/ Ministry of Finance The plan outlay of 2015-16 reflects the compositional shift in the allocations for various Programmes and Schemes in view of high devolution; 42% of Union Taxes, to States as per the recommendation of 14th Finance Commission. Making his Budget Speech while presenting the General Budget 2015-16, the Finance Minister, Shri Arun Jaitley said that consequent to this substantially higher devolution, many schemes on the State...

India is setting up a $150-million corpus using funds from the World Bank, European Union and the UK government’s Department for International Development to hatch innovative strategies to universalise secondary education. Called the National Innovation Fund, the corpus will provide financial support to out-of-the-box projects for which budgetary funds cannot be used because of the risk of failure, top government officials have told The Telegraph. “Think of the fund like a...

KEY TRENDS   • At the national level, the proportion of government schools having facilities like drinking water was 96.39 percent, boys' toilet was 94.64 percent, girls' toilet was 97.03 percent, boundary wall was 60.12 percent, playground was 56.98 percent, ramp was 71.50 percent, CWSN toilet was 19.59 percent, electricity was 56.45 percent and library was 79.36 percent, according to the Unified District Information System For Education (UDISE) 2017-18 (Provisional) *12   • ASER 2019 ‘Early Years’ data shows a clear...

**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...