The number of centrally sponsored schemes have increased to 35 in FY22 from 30 in FY21 and central sector schemes have increased to 704 from 685 in the previous year, reports Dilasha Seth.
Trinamool Congress general secretary Abhishek Banerjee along with party leaders and workers sat on a dharna at the Rajghat in New Delhi on Mahatma Gandhi's birth anniversary on Monday demanding the release of funds for West Bengal by the Centre.
Taking serious note of the rampant corruption in the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in Uttar Pradesh, the Lucknow bench of Allahabad high court on Friday ordered a Central Bureau of Investogation probe into the alleged large scale financial bungling brought to its notice through a public interest litigation, moved by local journalist Sachchidanand Gupta .
IndusInd Bank was the top laggard in the Sensex pack, cracking around 10 per cent, followed by HDFC, Maruti Suzuki, Axis Bank and UltraTech Cement. On the other hand, TCS, Infosys, ITC and HCL Tech closed with gains. NSE Nifty plunged 313.60 points or 3.43 per cent to 8,823.25.
The cumulative loss of salaried jobs since the pandemic is even larger at 12.6 million, reveals Mahesh Vyas.
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.
Demand has also jumped from abroad, including the European Union and America.
Rural budget set to increase; likely to enhance market linkages for agri commodities
However, demand was still much higher compared to the previous years, underlining the scheme's vital role in providing employment to the rural poor, a vast majority of whom are migrants.
The income inequality gap was found to be highest in South Africa and lowest in Denmark.
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.
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.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
Singh was widely regarded as an expert in the rural and agricultural landscape of the country and is credited with the conceptualisation and implementation of the NREGA (National Rural Guarantee Employment) Act.
This will, of course, go a long way in meeting the promised fiscal deficit target of 3.6 per cent of GDP in 2015-16.
'The government does not want to be transparent or accountable. Therefore, they do not want to appoint information commissioners.'
The government will announce minimum support prices for kharif.
Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to newly sworn-in ministers and reshuffled certain portfolios.
This will cost the government Rs 3.1 trillion, about 10 per cent of its annual expenditure, and higher than any other spending item in its Budget.
"India is a welfare state and, therefore, we cannot allow either extreme poverty or inequality," he said.
So far, the drones that were considered important for the agriculture sector were nature-made winged-insects - a key component of the bee-based natural pollination cycle. The new-age drone is a whirring machine with rotors that can help farmers plan and grow and manage their crops. For the farm sector in India, which has had low levels of mechanisation, the impact of drones can be tremendous. The use of drones can help it leapfrog to modernisation in the same way that mobile phones helped India overcome its traditional lack of connectivity.
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.
The mega campaign, to start on Mahatma Gandhi's birth anniversary, will be conducted just before the elections in three major Bharatiya Janata Party-ruled states and also before the 2019 general elections.
Sources said the rural development ministry has sought an additional Rs 20,000 crore for MGNREGA for 2019-20 over and above the budgeted Rs 60,000 crore for 2019-20. Though, all of the PM-KISAN savings may not be transferred to fund MNGREGA's extra needs, sources said a part of this could be transferred.
Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, suggests T N Ninan.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
It raises three major questions - the incentive compatibility issue, the fairness issue and fiscal challenge, said Panagariya.
Internal report, to be finalised in seven-10 days, may also suggest reduction in subsidies
Asserting that inclusive growth will remain as central plank of the United Progressive Alliance, Congress President Sonia Gandhi said it was in tune with this concept that the government had launched a series of welfare programmes and legislative initiatives, especially for the weaker sections.
The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.
Officials cited the example of the Sixth Pay Commission.
India must do away with policy paralysis to ensure growth in agriculture.
NDA under Mr Modi is as focused on the rural poor with doles and hand-outs as the UPA under Dr Singh was.
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?"
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.
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.
Rural outlay may go up 23% to reduce pains of demonetisation
Terming coronavirus as a big health crisis before humanity, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Thursday said the only way to break the chain of transmission and contain COVID-19 cases is for people to 'close down everything' till May 15.
Later, there may be some tax relief aimed at the middle class and measures to benefit the sectors worst hit by Covid-19 and the resultant nationwide lockdown.
To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.
