-The Hindu The restrictions on private vehicle usage may have got most of the media coverage, but are by no means the only steps the government has announced. Nationally, over 35 per cent of urban households own a motorised two-wheeler and just under 10 per cent own a car, jeep or van. In Delhi, where per capita incomes are among the highest in the country, these proportions are much higher: nearly 40...
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Indian elite must wake up to public welfare: Piketty -Nina Martyris
-The Times of India MUMBAI: Rock-star French economist Thomas Piketty said it was "very moving" for him to be in Mumbai "after what happened in Paris in the last few weeks". In a wide-ranging conversation moderated by writer Patrick French, Piketty, author of the acclaimed Capital, an exposition on global inequality, and renowned Harvard professor Michael Sandel, whom French introduced as "the public philosopher of the BBC", talked about everything from growing...
More »Lower-cost crop cover on cards
-The Financial Express A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value. A new crop insurance scheme the Modi government is set to roll out shortly seeks to cap the premium paid by farmers at about 3% of the insured value, cover a substantial part of the country’s farmland and crop output...
More »Govt gives clean chit to former CJI in ‘benami’ case -Krishnadas Rajagopal
-The Hindu The government on Tuesday gave a clean chit to former Chief Justice K.G. Balakrishnan in a case connected to ‘benami’ property transactions involving his relatives. Appearing in the Supreme Court, Attorney General Mukul Rohatgi said enquiries against former CJI sets a dangerous precedent. The court however remained skeptical of the government’s stand. A bench led by Justice Dipak Misra said if “persons earning Rs. 100 buy properties worth Rs. 10 lakh,...
More »Government looking at stripping the rich of LPG subsidy -Surojit Gupta & Sanjay Dutta
-The Times of India NEW DELHI: The government is looking at taking rich households out of LPG subsidy scheme with the aim of freeing up resources to provide clean kitchen fuel to more poor families and ensure socially responsible use of public money. While no final decision has been taken yet, the issue has certainly emerged as a discussion point within the top levels of the government. "I humbly submit that the time...
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