Research by Axis Bank points out 10 states now have income transfer schemes for women & are spending average of 0.8% of their GSDPs on these schemes, covering 11 crore women.
Use of drones is among initiatives taken by Centre to push for using tech to bring in transparency & accountability in MGNREGS work. However, only 11 states have been using drones for this.
The transfer is a part of monthly shifting of federal taxes to states, but was higher than the normal monthly devolution amount of 591.40 billion rupees, the govt said.
Bengaluru, Hyderabad, and Gurugram add to the wealth of their states. It's crucial to look at district data because the 15th Finance Commission's calculation ignores intra-state inequality.
States’ capital spending has slowed when compared to previous year. However, it's expected that Centre will provide them funds to spend on infrastructure by way of transfers.
Power sector reforms, preventing leakages in subsidies payments and avoiding fiscally unwise decisions like reversion to old pension system can help improve their financial health.
Suspension of IAS officers for cases ranging from financial fraud to drunken driving make headlines but their gradual & quiet reinstatement by state govts largely go unnoticed.
Since general government debt will rise regardless of who borrows for GST compensation, a plan to move to a sustained borrowing trajectory should be made.
Indians tend to fuss more about the damage done to the Indian psyche by Thomas B Macaulay’s infamous Minute of 1835, but he was preceded in this unholy endeavour by James Mill.
A govt official said that although ATF prices for domestic market had been expected to rise 100 per cent in April, increase was moderated to 25 per cent to cushion burden on domestic passengers.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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