-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...
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Tax payers ignorance costs Rs 660 crore to government every year: TaxSpanner Report-Vidyalaxmi
-The Economic Times More than 94% of employees in India do not report income from other sources. This causes a loss of approximately Rs 660 crore to exchequer annually, says a report by TaxSpanner.com, a tax filing online portal. "More than 94 per cent of employees - liable to pay more than 10 per cent of their taxable income as tax - do not report income under the head, "Other Sources"," the...
More »Higher your education, harder it is getting a job-Rukmini Shrinivasan
-The Times of India India's official unemployment rate last year was 3.8%, data released recently by the Labour Bureau shows, but, as always, averages hide many stories. A closer look at the numbers shows that unemployment rises with education level to 10% among graduates, and higher still for backward castes. The Chandigarh-based Labour Bureau under the union ministry of labour and employment released the 'Employment and Unemployment Survey 2012' last week. The...
More »Child marriages still rampant in North-Aarti Dhar
-The Hindu Every fourth girl married in rural Rajasthan and every fifth girl married in rural Bihar and Jharkhand is less than 18 years -- this despite several measures taken by the government to check child marriages in the country. Only 50 per cent deliveries are considered safe in Jharkhand and Chhattisgarh and just about 45 per cent children are fully immunised in Uttar Pradesh. The percentage of men getting married...
More »New norms on anvil to make groundwater public property-Nitin Sethi
-The Times of India Groundwater, a precious natural resource, is for all practical purposes a private property in India. Anyone can bore and extract water from the land he owns with few rules to restrict over-exploitation. But all this could soon change. Plans are afoot to alter laws and regulations to make groundwater a common property resource to ensure better regulation by government as a public trustee with the involvement of communities...
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