'I remain optimistic that 2021 will be better than 2020 because we have visibility of vaccinations this year.'
The current estimate, however, largely covers only the cost of infrastructure such as pipes, construction of borewells, overhead costs among others and not the expenditure to be incurred on operation and maintenance.
The praise comes a year after Prime Minister Narendra Modi termed it a 'monument of UPA's failures'.
The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.
In a notification, the Union Home Ministry said an eligible beneficiary desirous of receiving the benefit under the 'Central Scheme for Assistance to Civilian Victims/Family of Victims of Terrorist/Communal/LWE Violence and Cross Border Firing and Mine/IED Blasts on Indian Territory' is required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication.
'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.
Ramesh's reply came when he was asked whether grants would be provided to Karnataka for the Mahatma Gandhi National Rural Employment Guarantee Act and Indira Awas Yojana as the state was now under the Congress rule.
80% of the surveyed districts did not show any change in migration
"India is a welfare state and, therefore, we cannot allow either extreme poverty or inequality," he said.
At present, 100 days of work is provided to rural job card holders under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
'The Indian economy has been subsidised by the poor.'
Less than nine per cent of Chhattisgarh households got jobs for 100 days under Mahatma Gandhi National Rural Employment Guarantee Act during 2007-08 to 2011-12, a Comptroller and Auditor General report tabled in the assembly on Wednesday said.
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore
Slamming the Bharatiya Janata Party for its "politics of India Shining," Rahul Gandhi on Thursday reached out to the poor and rural youths in Bundelkhand, hard-selling the United Progressive Alliance's flagship schemes of food security, land acquisition and job guarantee programme Mahatma Gandhi National Rural Employment Guarantee Act.
Enthused by higher than expected GDP numbers in the fourth quarter of 2022-23, Chief Economic Adviser (CEA) V Anantha Nageswaran on Wednesday said India's economic growth may exceed the initial estimate of 6.5 per cent in the current fiscal and the country can look for another year of solid economic performance.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
The incident took place on Wednesday afternoon in Demchok sector, located 250 km east of Leh, where the work for linking a village with 'hot spring' was being undertaken under the MNREGA.
Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.
Various alleged administrative and financial irregularities worth crores have been pointed out in execution of development works in worst Naxal-hit Bastar district of Chhattisgarh by state Accountant General.
Since the first Aadhaar number was issued in September 2010, more than 1.33 billion Aadhaar cards have been generated till June 2022. With the Aadhaar enrolment of adult Indians nearing 100 per cent, the main objective of the Unique Identity Authority of India (UIDAI), which was to give Unique Identification numbers (UID) to all residents of India, is almost achieved, said a senior government official. "Enrolment will now be much more update-based, because people keep updating their mobile numbers and addresses.
Finance Minister Arun Jaitley said the actual spending under the scheme in the fiscal year ending March 31 "would be highest".
Targetting Prime Minister Narendra Modi over his 'failure' to bring back black money in 100 days after coming to power, former Bihar chief minister and senior Janata Dal-United leader Nitish Kumar on Thursday asked the former to explain to the people of country about when the amount of Rs 15 lakh would be deposited in every bank account as promised by him.
'The government does not want to be transparent or accountable. Therefore, they do not want to appoint information commissioners.'
Rural budget set to increase; likely to enhance market linkages for agri commodities
The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.
The cumulative loss of salaried jobs since the pandemic is even larger at 12.6 million, reveals Mahesh Vyas.
'Farmers love cows but find it uneconomical to afford fodder expenses'
Measures that quickly boost demand and increase employment are needed to push up growth. Moreover, without announcing new planss, the government should strengthen schemes such as PM KISAN, MNREGA and programmes to build rural roads.
Maharashtra has the opportunity to solve all these problems by voting for the Congress and NCP, he said.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
Ekka, who is embroiled in the controversy for allegedly signing official documents at a private place, was removed from the post following Bharatiya Janata Party's allegation of his conniving with middlemen.
He also rejected reports that have hinted possible increase in coronavirus cases due to migrants and asked, "Did corona not spread at places where migrants were not there?"
Of the cash outgo, Rs 64,598 crore is for enhanced expenditure on fertiliser subsidy under Atmanirbhar Bharat Abhiyan 3.0 and Rs 20,466 crore for the capital outlay in defence services.
Leader of Opposition in Kerala Assembly Ramesh Chennithala demanded a judicial probe into the circumstances that led to opening of shutters of 40-odd dams at a time in the state.