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May I Overcharge You? -Arindam Mukherjee and Lola Nayar

-Outlook Banks are fleecing customers to shore up their profits and offset the dead weight of bad loans to corporates When the GST era dawned this month, online jokesters quipped that it was the most inscrutable thing ­after Duckworth Lewis. But paradoxically, it may have brought a disquieting clarity to another zone of universal experience. Amid the flurry of news reports detailing what would entail a higher tax of 18 per cent,...

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Aadhaar rebels find ways to avoid PAN linkage -Namita Devidayal & Lubna Kably

-The Times of India MUMBAI: In a quiet display of dissent, numerous taxpayers across the country have opted to file their tax returns manually, via snail-mail, rather than get an Aadhaar card. Many others filed their returns online early, prior to June 30, when the Aadhaar linkage was not mandatory. "Technically you should be able to file online even if you don't have an Aadhaar card, but the e-filing system does not...

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Think beyond loan waivers -Ramesh Chand & SK Srivastava

-The Hindu Strengthening the repayment capacity of farmers by improving and stabilising their income is the only way to keep them out of distress Indian agriculture is characterised by low scale and low productivity. About 85% of the operational landholdings in the country are below 5 acres and 67% farm households survive on an average landholding of one acre. More than half of the area under cultivation does not have access to...

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Maharashtra makes drip irrigation mandatory for sugar cane cultivation -Abhiram Ghadyalpatil

-Livemint.com Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap of Rs. 85,400 per hectare Mumbai: In a significant move, the Devendra Fadnavis government in Maharashtra on Tuesday decided to make drip irrigation mandatory for sugar cane cultivation over 3.05 lakh hectares in the state. Farmers who opt for drip irrigation will be given loans at 2% rate of interest with a cap...

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The People Are Watching -Rakshita Swamy

-The Indian Express Government has an opportunity to enhance use of social audit to monitor schemes In contrast to its rhetoric, the current government’s record on transparency, accountability, and citizen participation has been uninspiring. Even essential laws such as the Lok Pal and the Whistle Blower Protection Act are yet to be operationalised. However, recent developments on social audits, the conduct of which actually finds a place in the BJP’s 2014...

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