-The Hindu Delay in monsoon has compounded the problems of farm labourers from Bahour commune Puducherry: The double whammy of demonetisation and delay in monsoon has crippled the rural population of Puducherry as they struggle to make their ends meet. The demonetisation move has brought the Construction activity across the rural areas to a standstill, throwing thousands out of jobs and without money. The Construction sites in rural areas of Bahour, Villianur, Mannadipet...
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M Govinda Rao, ex-Director, National Institute of Public Finance and Policy (2003-13), interviewed by S Rajendran (The Hindu)
-The Hindu Centre for Politics and Public Policy Prime Minister Narendra Modi's announcement demonetising high denomination notes on November 8, 2016, will do little to address the prime objective of flushing out black money but will adversely affect the economy in the short term, especially the informal sector, which is predominant in India, says M. Govinda Rao, a Member of the Fourteenth Finance Commission and Emeritus Professor, National Institute of Public...
More »Odisha govt to help farmers to construct pigsty under MGNREGS -Hemanta Pradhan
-The Times of India BHUBANESWAR: The state government has decided to help farmers to take up Construction of pigsty under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). A farmer can construct piggery shelter of 21 square metre at a cost of Rs 50,000 for four pigs under the scheme to be executed by the panchayat samiti. This decision was taken in view of the breakout of Japanese Encephalitis (JE) in Malkangiri...
More »With no jobs, hungry daily wagers turn to langar halls -Damini Nath
-The Hindu Since November 9, a day after the Centre banned Rs.500 and Rs.1,000 notes, the Sis Ganj Gurdwara has seen hectic rush during lunch About 500 kg of dal, 600 kg of vegetables and one tonne of rice is what it takes to feed thousands of people at the Sis Ganj Gurdwara in Chandni Chowk on an average day. The langar or community kitchen at the popular gurdwara has always been busy,...
More »CAG flags tax breaks for companies
-The Hindu Report tabled in Parliament says Reliance gained Rs. 5,245 crore from the exemption. The Comptroller and Auditor-General (CAG) has castigated the Income-Tax Department for extending tax exemption amounting to hundreds of crores to several companies by inappropriately extending benefits available for infrastructure projects. In a report tabled in Parliament on Tuesday, the CAG said the biggest beneficiary was Reliance Industries Ltd. (RIL). “We noticed in eight cases in two States that the...
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