Wednesday, 28 September, 2022
Topic15th Finance Commission

Topic: 15th Finance Commission

Tame subsidies, hike fees for govt services — Centre’s tips to states to slash deficit

At a meeting with chief secretaries of states, Union Finance Secretary T.V. Somanathan made a presentation that highlighted a worrying rise in debt in some states.

Finance ministry’s ‘assured funds’ is old story. Army can utilise land to generate revenue

Smart defence budgeting has become important with China encroaching on India. This revenue model of the Army workforce can help.

1 doctor for 1,511 people, 1 nurse for 670 — Covid exposes India’s healthcare ‘fault lines’

The 15th Finance Commission, in a first-of-its-kind stock-taking exercise in the backdrop of Covid pandemic, has put out statistics about chronic shortages in India’s health system.

Wouldn’t have spoken different language if I were in finance ministry — NK Singh after Budget

N.K. Singh, head of the 15th Finance Commission, says Modi govt has been reasonable & fair on panel suggestions, given the fiscal pressures.

Bengal above national average on social indices, but fiscally stressed — 15th finance panel

Mamata's West Bengal beats some BJP-ruled such as Gujarat & MP on human development, but has high interest burden and low investments.

Defence fund to state grants, Modi govt may ignore some ideas of NK Singh finance commission

Current constraints, including a 9.5% fiscal deficit, make it tough for the Modi govt to give states more sectoral funds beyond the 41% share recommended by the 15th Finance Commission.

‘Money is scarce’ — Modi govt set to axe about 40 schemes that ‘have lost relevance’

Expenditure Secretary T.V. Somanathan tells ThePrint these centrally sponsored schemes are not bad but some hard choices have to be made given the scarcity of funds.

Rihanna just got a crash course on Indian democracy

ThePrint view on the most important issues, instantly.

In a first, panchayati raj & urban local bodies to spend Centre’s Rs 13,192 cr on health

The health ministry will draw up rules for where the central funds can be spent, in accordance with the 15th Finance Commission’s recommendations.

India could get 8 new cities after Finance Commission provides Rs 8,000 crore grant

Housing Secretary D.S. Mishra says it’s too early to give details like where the cities will come up, or if they will be new or carved out of existing cities.

On Camera

YourTurn

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad | Reuters file photo

From ports to energy transition — Adani Group to invest over $100 billion in next decade

Speaking at Forbes Global CEO Conference in Singapore, Adani said the group intends to do more as a solar player & has earmarked 70% of the investment for the energy transition space.

Defence

Parts of Iranian made 'suicide' drone Shahed-136 after being shot down by the Ukrainian military | Reuters

All about Shahed-136, Iran’s ‘kamikaze’ drone that Russia is using to strike Ukraine

Over the past few days, Russia has hit multiple targets using these Iranian-supplied drones—including civilian structures and amenities—leading to the death of several Ukrainians.
Illustration by Soham Sen | ThePrint

AAP’s filling a big vacuum in Indian politics. Question is how long it can sustain without ideology

If you find admiration for AAP qualified, if not muted among many of the Modi-BJP’s critics, it is because they question it for its lack of ideological clarity. Especially on secularism.
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