FUNDS RECOMMENDED by 12Th FINANCE COMMISSION and RELEASED by GOVT
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Vividh Bharati Was Started on October 3, 1957 and Since November 1, 1967, Commercials Were Aired on This Channel
22 Mass Communication THE Ministry of Information and Broadcasting, through the mass communication media consisting of radio, television, films, press and print publications, advertising and traditional modes of communication such as dance and drama, plays an effective role in helping people to have access to free flow of information. The Ministry is involved in catering to the entertainment needs of various age groups and focusing attention of the people on issues of national integrity, environmental protection, health care and family welfare, eradication of illiteracy and issues relating to women, children, minority and other disadvantaged sections of the society. The Ministry is divided into four wings i.e., the Information Wing, the Broadcasting Wing, the Films Wing and the Integrated Finance Wing. The Ministry functions through its 21 media units/ attached and subordinate offices, autonomous bodies and PSUs. The Information Wing handles policy matters of the print and press media and publicity requirements of the Government. This Wing also looks after the general administration of the Ministry. The Broadcasting Wing handles matters relating to the electronic media and the regulation of the content of private TV channels as well as the programme matters of All India Radio and Doordarshan and operation of cable television and community radio, etc. Electronic Media Monitoring Centre (EMMC), which is a subordinate office, functions under the administrative control of this Division. The Film Wing handles matters relating to the film sector. It is involved in the production and distribution of documentary films, development and promotional activities relating to the film industry including training, organization of film festivals, import and export regulations, etc. -
Chapter 1 INTRODUCTION 1.1 the Thirteenth Finance Commission
1 Chapter 1 INTRODUCTION 1.1 The Thirteenth Finance Commission has the unique opportunity to review and draw inferences from nearly six decades of federalism in public finance management of the nation. Based on such inferences, a much needed course correction can be initiated, reversing a trend that has been eroding the very concept of fiscal federalism. Government of Kerala would earnestly plead for such a focus in the work of this Commission. 1.2 Articles of the Constitution between 268 and 275 have designed a well-structured system whereby States get benefit from the Centre’s taxation power. The purpose is clear from the wording of Article 275 which is the final residual Article in this structure. Aid to the revenues of States is what the makers of Constitution had in mind. This really gives Finance Commission the authority to deal with the entire area where States’ revenues are applied – not just one part like non-plan revenue account expenditure. But Commissions chose to confine themselves to that area (with only one exception in recent times – Second report of the Ninth Finance Commission covering the period 1990- 95). Over the years, somehow it came to be accepted that Finance Commissions’ main task is to try and balance the non-plan revenue account of Stat es. 1.3 Whenever Commissions chose (or were asked) to look into other aspects, it was either for providing supplementary provisions for developmental expenditure (like special problem grants) or admonish States and guide them out of what was perceived to be their fiscal imprudence. The administration of such condition based grants and debt relief schemes was entrusted with Central Government Ministries. -
April 2020 Monthly Current Affairs Pdf English
winmeen.com 2020 APR 01 1. What is the deadline for completion of insolvency Manila–based Asian Development Bank (ADB) is to invest $100 million equivalent in the National resolution processes, as per the Insolvency and Investment and Infrastructure Fund – NIIF’s Funds. Bankruptcy code regulations? ADB joins the Government of India and Asian [A] 365 days B] 325 days Infrastructure Investment Bank (AIIB) as an investor in one of the instruments of NIIF of India. NIIF is an [C] 330 days [D] 331 investment platform for Indian and international As per the regulations of the Insolvency and investors where they are mandated to invest equity Bankruptcy Board of India (IBBI), the overall deadline capital in domestic infrastructure. for completion of insolvency resolution processes is 330 days. 4. Which space company has received the contract of NASA to ferry cargo and supplies to the agency’s Recently, IBBI announced that against the backdrop of proposed lunar space station? the 21 day lockdown, IBBI has relaxed the timelines to be followed under the overall 330 day deadline. The [A] Blue Origin [B] SpaceX lockdown period will not be counted for the purpose of timelines under the IBBI regulations for Corporate [C] Astra Space [D] Exos Aerospace Insolvency Resolution Process. NASA has recently selected a new space capsule from 2. Which Indian newspaper that was being published in Elon Musk–owned SpaceX to ferry cargo and supplies to be used in its proposed lunar space station. the United States for 50 years has ceased its printed edition? The Lunar space station aims to build a permanent post on the moon and mount future missions to Mars. -
At the Crossroads
at the Crossroads SUSTAINING GROWTH AND REDUCING POVERTY ©International Monetary Fund. Not for Redistribution This page intentionallyleft blank ©International Monetary Fund. Not for Redistribution at the Crossroads SUSTAINING GROWTH AND REDUCING POVERTY EDITED BY Tim Callen Patricia Reynolds Christopher Towe INTERNATIONAL MONETARY FUND ©International Monetary Fund. Not for Redistribution 2001 International M netary Fund © o Production: IMF Graphics Section Cover design: Lai Oy Louie Library of Congress Cataloging-in-Publication Data India at the crossroads p. em. ISBN 1-55775-992-8 (alk. paper) 1. India--Economic policy--1980. 2. India--Economic conditions--1947- 3. Fiscal policy--India. 4. Sustainable development--India. HC435.2 .1484 2001 330.954--dc21 00-054132 Price: $2 7.00 Address orders ro: External Relations Department, Publication Services International Monetary Fund, Washington D.C. 20431 Telephone: (202) 623-7430; Te lefax: (202) 623-7201 E-mail: [email protected] Internet: http:l/www.imf.org ©International Monetary Fund. Not for Redistribution Contents Page Foreword . vii Acknowledgments . ix Overview 1. Christopher Towe 1 PART I. Preserving External Stability India and the Asia Crisis 2. Christopher To we . 11 3. Assessing India's External Position Tim Callen and Paul Cashin . 28 PART II. Fiscal Challenges 4. Tax Smoothing, Financial Repression, and Fiscal Deficits in India Paul Cashin, Nilss Olekalns, and Rama Sahay . 53 5. Fiscal Adjustment and Growth Prospects in India Patricia Reynolds . 75 PART III. Monetary and Financial Sector Policies Modeling and Forecasting Inflation in India 6. Callen . 105 Tim The Unit Trust of India and the Indian Mutual Fund 7. Industry Anna Ilyina . 122 ©International Monetary Fund. -
VIDHI CENTRE for LEGAL POLICY Fiscal Federalism in India: Some
Draft for Delivery VIDHI CENTRE FOR LEGAL POLICY New Delhi 23 Sept. 2015 Fiscal Federalism in India: Some Reflections Y.V. Reddy1 Friends, I had a brief exposure to the expertise available with Vidhi Centre for Legal Policy in connection with the work relating to the 14th Finance Commission. I was impressed with their professionalism and commitment. I, therefore, felt that my admiration for their valuable work should be demonstrated by my participating in this event, to release the Briefing Book on Cooperative Federalism. This book is valuable because it addresses specific issues of contemporary relevance, and suggests approaches around which discussions may take place, and way forward contemplated. This book, therefore, should be of interest to a broad range of policy-makers, academics and jurists. The book gives a succinct account of the concept of cooperative fiscal federalism currently under intense debate. Theory of fiscal federalism and its practice in India is one but important element of cooperative federalism and it is well documented in great detail by many eminent scholars. In particular, my friend, Professor M. Govinda Rao is an acknowledged authority on the subject. I cannot add anything more today to what has been written by him on the subject. One of the reasons for considerable contemporary debate on the subject of this book is the report of the 14th Finance Commission, and perhaps, I am expected to dwell on it. Having been a co-author of the report, it may not be appropriate for me to explain, elaborate or defend, what has been stated. So, I consulted the organizers on what I should do. -
Public Finance and Policy
Introduction to the Institute 39TH ANNUAL REPORT 2014-2015 NAT ONAL OF UBLIC FINANCE I NSTITUTE POLICY & page | 1 NIPFP Annual Report 2014-2015 ANNUAL REPORT APRIL 1ST, 2014 – MARCH 31ST, 2015 PRINTED AND PUBLISHED BY: THE SECRETARY NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY AN AUTONOMOUS RESEARCH INSTITUTE UNDER THE MINISTRY OF FINANCE, GOVERNMENT OF INDIA 18/2, SATSANG VIHAR Marg, SPECIAL INSTITUTIONAL AREA (NEAR JNU), NEW DELHI 110067 TEL.: 011 26569303, 26569780, 26569784 FAX: 91-11-26852548 EMAIL: [email protected] WEBSITE: www.nipfp.org.in COMPILED, CONCEPT, DESIGN & EDITED BY: SAMREEN BADR COVER DESIGN, TEXT DESIGN ARTWORKS & PRINTED BY: VAP EMAIL: [email protected] TEL: 09811285510 NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY, NEW DELHI PROVIDING POLICY ADVICE SINCE 1976 2 | page Introduction to the Institute CONTENTS Introduction to the Institute5 Annexures List of Studies 2014-2015i Research Activities17 ii NIPFP Working Paper Seriesv Fiscal/Taxation-related Studies of Central and ii Internal Seminar Series v State Government19 iii Macroeconomic and Financial Sector Policy List of Governing Body Members as on 31.3.2015i Studies20 x List of Priced Publicationsx State Development Studies 24 iv Published Material of NIPFP Facultyx Other Studies28 ix New Projects initiated30 List of Staff Members as on 31.3.2015x Workshops, Seminars, Meetings and xv Conferences3 List of Sponsoring, Corporate, Permanent and 1 Ordinary Members as on 31.3.2015x Training Programmes38 xxi Finance and Accountsx NIPFP Publications (2014-2015)39 -
The Post-Reform Performance of the Manufacturing Sector in India*
Manufacturing Sector Post-reform Performance in India The Post-reform Performance of the Manufacturing Sector in India* Kaliappa Kalirajan Abstract Foundation for Advanced Manufacturing played an important part in sustaining India’s eco- Studies on International Development nomic growth in the 1970s and 1980s. The economic reforms of National Graduate Institute for the early 1990s did not lead to sustained growth of the manufac- Policy Studies (FASID/GRIPS) 2–2, Wakamatsucho turing sector. After an acceleration in the mid-1990s, growth Shinjuku-Ku slowed in the decade’s second half. The analysis presented in this Tokyo 162–8677 paper reveals that manufacturing-sector growth in the post- Japan [email protected] reform period is “input driven” rather than “efficiency driven,” with significant levels of technical inefficiency. The paper advocates Shashanka Bhide policies to improve production efficiency by encouraging invest- National Council of Applied Economic Research ment in research and development, technical training for workers, 11 I.P. Estate and technology-aided managerial processes. New Delhi 110002 India [email protected] and Institute for Social and Economic Change Nagarabhavi 1. The setting: Growth and competitiveness of India’s Bangalore 560072 India manufacturing sector India’s nonagricultural sectors produced 75 percent of the overall output of the country’s economy in 1993–2002. Of these nonagricultural sectors, manufacturing accounted for 23 percent of total GDP; the electricity, water supply and gas, mining, and construction subsectors accounted for 9 percent; and the service sector, comprising all other subsectors, accounted for the remaining 43 percent. Thus, manufacturing, when considered a single group of activi- ties, is a major sector in the Indian economy. -
Speech of Dr. Manmohan Singh, Minister of Finance, Introducing the Budget for the Year 1995-96*
SPEECH OF DR. MANMOHAN SINGH, MINISTER OF FINANCE, INTRODUCING THE BUDGET FOR THE YEAR 1995-96* Highlights — Proposal to establish Rural Infrastructural Development Fund — Providing Rural Credit Facilities to SCs and STs — Proposal to support Village Industries — Extending Financial Assistance to Small Scale Industries — Proposal to set up North Eastern Development Bank (NEDB) — Proposal to launch a new Anti-poverty Scheme — Scheme to promote Social Insurance — Proposal to establish an Independent Regulatory Authority for the Insurance Industry — Proposal for Tax Holiday — Implementation of Integrated Urban Poverty Eradication Programme Sir, I rise to present the Budget for 1995-96. Four years have passed since our Government, under the leadership of Prime Minister Shri P.V. Narasimha Rao, took office in the midst of an Budget, 1995-96 Total Receipts — Rs. 1,67,151 crore Total Expenditure — Rs. 1,72,151 crore Deficit — Rs. 5,000 crore * Lok Sabha Debate, 15.3.1995, cc. 204-228. 1401 1402 FINANCE MINISTERS’ BUDGET SPEECHES unprecedented economic crisis. Our immediate task was to save the nation from a relentless slide into the abyss of falling production, soaring inflation and deepening poverty. We dealt swiftly with the immediate crisis and we also worked towards a broader objective of shifting the economy on to a path of rapid, employment-generating growth. Our aim was to raise India to her rightful place in the comity of nations. Sometimes, in the heat of political debate, we lose sight of what has already been achieved. Let me take a few minutes to outline how far we have come since those grim days of 1991: • The growth of our economy had fallen to less than one per cent in 1991-92. -
M. A.II Public Economics Title English.P65
HI SHIVAJI UNIVERSITY, KOLHAPUR CENTRE FOR DISTANCE EDUCATION Public Economics (Group C - Compulsory Paper-V) For M. A. Part-II KJ Copyright © Registrar, Shivaji University, Kolhapur. (Maharashtra) First Edition 2013 Prescribed for M. A. Part-II All rights reserved. No part of this work may be reproduced in any form by mimeography or any other means without permission in writing from the Shivaji University, Kolhapur (MS) Copies : 200 Published by: Dr. D. V. Muley Registrar, Shivaji University, Kolhapur-416 004. Printed by : Superintendent, Shivaji University Press, Kolhapur-416 004 ISBN-978-81-8486-474-8 # Further information about the Centre for Distance Education & Shivaji University may be obtained from the University Office at Vidyanagar, Kolhapur-416 004, India. # This material has been produced with the developmental grant from DEC-IGNOU, New Delhi. (ii) Centre for Distance Education Shivaji University, Kolhapur I ADVISORY COMMITTEE I Prof. (Dr.) N. J. Pawar Prof. (Dr.) K. S. Rangappa Vice-Chancellor, Hon. Vice-Chancellor, Karnataka State Open Shivaji University, Kolhapur University, Mansagangotri, Mysore Prof. (Dr.) R. Krishna Kumar Prof. V. Venkaih Hon. Vice-Chancellor, Yashwantrao Chavan Director, Academic Dr. B. R. Ambedkar Maharashtra Open University, Dnyangangotri, Open University Rd. No. 46, Jubilee Hill, Near Gangapur Dam, Nasik Hyderabad-33 Andhrapradesh Dr. A. P. Gavali Dr. J. S. Patil Dean, Faculty of Arts, Dean, Faculty of Social Sciences, Shivaji University, Kolhapur Shivaji University, Kolhapur Dr. C. J. Khilare Dr. R. G. Phadatare Dean, Faculty of Science, Dean, Faculty of Commerce, Shivaji University, Kolhapur Shivaji University, Kolhapur Prof. (Dr.) A. B. Rajge Prof. (Dr.) D. V. Muley Director, B.C.U.D., Registrar, Shivaji University, Kolhapur Shivaji University, Kolhapur Dr. -
Pre Budget 2016-17
LIBRARY NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY 18/2- SATSANG VIHAR MARG, SPECIAL INSTITUTIONAL AREA, New Delhi-110067 NIPFP Library and Information Centre National Institute of Public Finance and Policy New Delhi Library and Information Centre of NIPFP gets roughly 13 newspapers among these 5 business newspapers are scanned and its clipping are selected & indexed in WINISIS software. Special care is taken to ensure that no important news event is left out of this selection. The arrangement of the clippings has been done with bibliography of authors-wise alphabetical index. This bulletin has the edited full text and it has been arranged serial number wise. Dr. Mohd. Asif Khan C O N T E N T S Bibliography of Newspaper Article 1-9 Bibliography Author Index 10 Full Text Author Index 10 Edited Full Text (Serial No. Wise) 11 Bibliography of Newspaper Articles ____________________________________________________ PRE BUDGET 1. Acharya,Shankar. Budget 2016 - Stick to basics: In a fragile global economic context, the Budget should err on the side of prudence. Business Standard, Feb 11, 2016, p.11. Global economy; Goods and Services Tax(GST); Employment and labour 2. Balaji,R.; Kumar,V. Sanjeev. Rationalisation of subsidies is key: Pricing policies, labour issues among other concerns of farm and fertiliser sectors. Financial Express, Feb 23, 2016, p.6. Agriculture; Fertiliser; Subsidy 3. Banerjee,Chandrajit. Budget 2016-17 should step up capital expenditure, implement tax reforms: The upcoming Budget should step up capital expenditure and implement tax reforms. Financial Express, Feb 2, 2016, p.9. Investment and savings; Infrastructure development; Rural development; Corporate tax 4. -
Thirteenth Finance Commission
ADVOCACY PAPER THIRTEENTH FINANCE COMMISSION (2010-2015) Memoranda by the Government of Bihar and Political Parties & Professional Organisations & Brief Recommendations for the State Centre for Economic Policy and Public Finance Asian Development Research Institute 0 Publisher Centre for Economic Policy and Public Finance Asian Development Research Institute BSIDC Colony, Off Boring-Patliputra Road Patna – 800 013 (BIHAR) Phone : 0612-2265649 Fax : 0612-2267102 E-mail : [email protected] Website : www.adriindia.org Printer The Offsetters (India) Private Limited Chhajjubagh, Patna-800001 Disclaimer Usual disclaimers apply 1 CONTENTS Page No. PART A Brief Recommendations by the 4-8 Thirteenth Finance Commission PART B Bihar Government Memorandum 12-124 to the Thirteenth Finance Commission PART C Political Parties & Professional 130-207 Organisations’ Memorandum to the Thirteenth Finance Commission 2 PART A Brief Recommendations by the Thirteenth Finance Commission 3 Background In the existing federal financial arrangements of India, the financial resources are transferred from the centre to the states through a number of mechanisms. However, among them, it is the Finance Commission awards that are most important, both because of its size and the mandatory character of these recommendations. When the Thirteenth Finance Commission was formed in 2008, the Centre for Economic Policy and Public Finance (CEPPF) had already been established by the Government of Bihar in the Asian Development Research Institute (ADRI). As such, the CEPPF was entrusted with the responsibility of preparing the memorandum of the state government, to be presented to the Commission. For the three earlier Commissions, ADRI had presented a memorandum to the Tenth and Eleventh Finance Commission on its own behalf and, for the Twelfth Finance Commission, it had prepared and submitted a memorandum on behalf of all the political parties and professional organisations in the state. -
BUDGET TRACK How Many Miles Before We Get Fiscal Policy Space Right? a Periodical That Discusses the Budget and Policy Priorities of the Government
This document is for private circulation and not IN THIS ISSUE a priced publication. Copyright @ 2014 Centre for Budget and Significance of the Finance Commission Governance Accountability. The Diminution of the Finance Commission Reproduction of this publication for The 14th Finance Commission: With what porpoise? educational or other non-commercial purposes Paradigmatic Questions about the Mandate of the Fourteenth is authorized, without prior written Finance Commission permission, provided the source is fully acknowledged. Fourteenth Finance Commission in the context of emerging Centre–State Fiscal Relations ABOUT BUDGET TRACK How Many Miles Before We Get Fiscal Policy Space Right? A periodical that discusses the budget and policy priorities of the government. Reduced Fiscal Autonomy in States Erosion in Governance Capacity at the Sub-national Level CREDITS The Political Economy of Absorptive Capacity – Case of the Editorial Team: Health Sector Praveen Jha, Sona Mitra, Saumya Shrivastava, Volume 10, Track 1-2, October 2014 Subrat Das Panchayat Finances: Issues before the 14th Finance Commission CBGA Team: Suggestions for the Fourteenth Finance Commission on Amar Chanchal, Bhuwan C. Nailwal, Renewable Energy Gaurav Singh, Happy Pant, Strengthening Budget Transparency and Participation in India Harsh Singh Rawat, Jawed A. Khan, through the Pre-budget Process Jyotsna Goel, Kanika Kaul, Khwaja Mobeen Ur-Rehman, Manzoor Ali, Policy Asks for the 14th Finance Commission on Budget Nilachala Acharya, Pooja Rangaprasad, Transparency Priyanka