News Of The Month
Budget 2017: Giant strides required to usher in social security

With Government of India promising to increase avenues for the less privileged in the coming budget, there are a lot of expectations for the social development sector. With cuts in the social schemes and welfare programmes the government in the last two budgets has been trying to control the leakages and duplications which were done under programmes like Mahatma Gandhi National Rural Employment Guarantee Act, LPG subsidy and the Public Distribution System. The flow of funds in these schemes was not reaching the beneficiaries as there were ghost accounts accounts of beneficiaries who were long dead, multiple accounts, procedural leakages etc. The current government vowed to put a lid on such leakages and this was done in the way of cuts in funds.

The government vowed to give more authority to the states by reducing the flow of funds on the centrally sponsored schemes and encouraging the states to chip in this amount from the additional funds they were getting after the fourteenth commission. The idea was that each state was better equipped to allocate funds than the government at the center according to their needs.

Budget 2017 to aim growth, inclusive development for Social sector

In the coming budget, it’s important that the government uses the increased revenue to channelise and strengthen the social sector schemes with better monitoring and implementation of the schemes in a synchronised manner. With the common man looking up to this government with more expectations post increased digitisation of the economy, the fruits should be borne by all including the rural India. A big push for the agricultural and rural schemes is need of the hour with investment in building new innovative irrigation solutions for that farmer who has been struggling in the drought season. Water conservation methods should be encouraged and features like crop insurance can also be introduced.

In the health and education sector, government needs to invest more in an effective and last mile delivery systems and mode, so that the funds benefit those who desire these most and have been waiting for these from a long time. Government’s announcement of increased entitlements of maternity benefits recently around the new year is an indication that even the government is under pressure to cheer up the marginalized section which was worst affected by the challenges and hardships of demonetisation.

Similarly digitisation being a catch phrase with this government the education sector is also on the edge of their seat and hoping for funds for boosting online and digital education with the focus now being clearly defined in areas of skill development.

Giant strides are required to bring in social security to Indians and everyone is watching this time when this same very government presents its third budget on February 1st 2017.

Aid Round Up

India Gives Over Rs. 387 Million Aid To Nepal For Embankment Work

India provided assistance of about Nepalese Rs. 619.6 million or Rs. 387.5 million to Nepal's Ministry of Irrigation for construction of embankments on the Kamala, Bagmati and Lalbakaiya rivers....Click here

UK pledges support to address humanitarian needs in Somalia

Britain’s Secretary of State for International Development, travelled to Mogadishu in Somalia to discuss how to drive forward progress on building a stable Somalia and address the pressing..... Click here

Trump and U.S. aid to Africa: What’s at stake, where does funding go?

Given Trump’s protectionist views, there is a lot of emphasis on China’s role in Africa and America’s competitive position, along with funding for health crises including AIDS and Ebola.....Click here

Development News Round Up

Madhya Pradesh, Israel to collaborate in water management, floriculture

An Israeli delegation led by its Ambassador to India, Daniel Carmon, met chief minister Shivraj Singh Chouhan and showcased its core strengths in various key sectors like agriculture, water management, irrigation and floriculture..... Click here

Only two buses for every 1000 people in India: report

Despite the growing emphasis on public transport across the country, India has only two buses for every 1,000 people according to a report released by an environmental NGO here..... Click here

Govt to take steps to boost private investment in roads, shipping

The government will take tangible steps to boost corporate investment in roads and shipping with business-friendly strategies that balance profitability with effective project execution, Mansukh L Mandaviya, minister of state for road,.....Click here

Copyright © 2013 IPE Global Ltd, All rights reserved. Visit IPE GLOBAL website | Forward to a friend | Write to INSPIRE
You are on INSPIRE's Mailing List. Our mailing address is:
IPE Global Ltd
IPE Global House,
B-84, Defence Colony, New Delhi 110024, India
  Add us to your address book today | unsubscribe from this list | update subscription preferences | view email in browser