-The Hindu Business Line The Government must clear policy bottlenecks for the Pradhan Mantri Awas Yojana to meet its ambitious target Amidst the government’s celebrations on completing THRee years in office, one flagship scheme remains a massive — and challenging — opportunity: Housing for all by 2022. The groundbreaking, affordable housing initiative backing this promise, the Pradhan Mantri Awas Yojana (PMAY), plans to provide homes to 18 million households in urban India...
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17% of cash seized in raids during demonetisation were in new notes
-The Times of India NEW DELHI: As much as Rs 110 crore of the Rs 610 crore of unaccounted money seized in raids during demonetisation was in new Rs 2,000 and Rs 500 notes, indicating misuse of windows offered by the government to change old currency. The new currency seized by police and income tax officials was partly generated THRough routes such as petrol pumps, railway and airline ticketing and toll plazas...
More »Informal sector: Gujarat's rural workers earn twice as much as urban labourers -Tina Edwin
-The Hindu Business Line Urban-rural wage gap highest in the North-East and northern States New Delhi: That rural employment, particularly in the informal sector, will fetch lower incomes, does not always hold true. In fact, hired workers in the informal sector in rural Gujarat earned twice as much as their counterparts in urban areas, a recent report of the National Sample Survey Organisation show. Hired workers in rural Gujarat’s informal sectors earned about...
More »Who's benefiting from crop insurance: SC to government -Subodh Varma
-The Times of India Continuing suicides and intermittent protests by farmers across the country prompted the Supreme Court on Thursday to ask why the much publicised Pradhan Mantri Fasal Bima Yojana (PMBFY) had not provided relief to the hapless farmers. While the government said that it is the first year and they are ironing out the problems, a look at the details of this first year's implementation THRows up more systemic...
More »Finance Ministry aims to set up anti-profiteering body by August -Surabhi
-The Hindu Business Line Firms seen to be largely cooperating New Delhi: To clear confusion over the new prices of items under the Goods and Services Tax, the Finance Ministry is working to set up a National Anti-Profiteering Authority to curb any unwarranted price hikes. “The process for selection of members and the Chairman will start soon. We are working to ensure that the authority can be set up by early next month,...
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