-IPS News NEW DELHI: Despite being one of the world's fastest expanding economies, projected to clock seven-percent GDP growth in 2017, India - a nation of 1.2 billion - is trailing behind on many vital social development indices while also hosting one-fourth of the world's poor. While the United Nations prepares to wrap up a decade-and-a-half of poverty alleviation efforts, framed through the lens of the Millennium Development Goals (MDGs), by the...
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Budget 2015 | The rural demand challenge -Elizabeth Roche and Sayantan Bera
-Livemint.com The current fiscal year has been hard on rural India, home to nearly 70% of the country's population New Delhi: The current fiscal year has been hard on rural India, home to nearly 70% of the country's population. Growth in rural wages has slowed and spending on the flagship employment guarantee scheme has contracted substantially, that too in a deficit monsoon year; foodgrain output is expected to dip by 3%. Please click...
More »Amendments to anti-graft law soft on private sector, fall short of UN convention -Pradeep Thakur
-The Times of India NEW DELHI: The NDA government, which came riding on a huge anti-corruption wave wiping out Congress last year, has dropped crucial amendments to the Prevention of Corruption Act that would have ensured India ratifying the UN Convention Against Corruption (UNCAC). Sources said the government has not considered incorporating Article 12 and 16 of the UNCAC in the proposed amendments to the Prevention of Corruption (PC) Act likely to...
More »The Meaning Of Vikas -Reetika Khera
-Outlook The BJP government needs to understand that "vikas" means growth and development, not growth alone. The new government that came to power with the promise of "vikas" has launched an unrelenting attack on social welfare programmes and legislations. In October 2014, there was a rumour that NREGA would be restricted to some districts. Though the changes proposed have not been implemented, NREGA is in danger of dying a slow death...
More »Tax-free medical expenses cap may be hiked -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The government is reviewing the tax-free medical reimbursement limit, currently fixed at Rs 15,000 a year, besides looking at making it more attractive for individuals to buy medical insurance policies. Sources said both the issues are being looked at ahead of the Budget with some indicating that there is a possibility that the limit on tax-free medical reimbursement from employers may be raised to Rs 25,000...
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