-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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Govt admits big gaps in urban work force -Basant Kumar Mohanty
-The Telegraph New Delhi: About 57.57 per cent of India's urban population of 300 million has no source of income, socio-economic data released by the government last week suggests, prompting at least one analyst to wonder if this was the reason people were willing to queue up for the whole day to exchange cash. Thirty-seven per cent are engaged in work ranging from begging to government jobs, earning some income. About 5.90...
More »Abhijit Sen, economist and former chairman of the Commission for Agricultural Costs and Prices, interviewed by Lola Nayar
-Outlook Economist Abhijit Sen on how Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Former chairman of the Commission for Agricultural Costs and Prices, economist Abhijit Sen, in an interview with Lola Nayar, explains that Prime Minister Narendra Modi is planning a greater tax intake buying into the idea of a transition to a cash-less economy. Sen expects a tax amnesty scheme...
More »The arhar solution to pollution -Arvind Subramanian
-The Indian Express It will also promote indigenous research and science, incentivise pulses production, rationalise pricing. The inferno of environmental pollution that the nation’s capital and its surroundings have been witnessing has many causes, including weather conditions (thermal inversion) that facilitate the settling of particulate matter and other pollution, dust on the streets generated in part from construction activity, and vehicle-related emissions. Particularly critical is the burning of paddy after the kharif...
More »Delhi air pollution: Can farmers be blamed? -Sayantan Bera
-Livemint.com Only 20% of Delhi’s air pollution can be attributed to stubble burning by farmers in Punjab and Haryana, environment minister Anil Madhav Dave said on Monday New Delhi: The spike in pollution levels in Delhi’s air is an annual winter ordeal, so is burning of paddy stubble by farmers in neighbouring Punjab and Haryana after the crop is harvested. But how much does burning of crop residues contribute to Delhi’s pollution peaks?...
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