-Live Mint Govt reiterates it will crack down hard on tax evaders, defends steps introduced in Finance Bill to check evasion The government on Tuesday reiterated its intention to crack down hard on tax evaders and defended some of the stringent provisions introduced in the Finance Bill last week to check evasion, including granting wider powers of arrest to taxmen and making certain offences non-bailable. Finance minister P. Chidambaram, in his budget speech...
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No solace in this quantum of accountability-Samir Saran and Abhijit Iyer-Mitra
-The Hindu On February 11, the Supreme Court issued notice to the government, seeking its response on making intelligence agencies accountable to Parliament. This question is pertinent and in some ways captures the sentiments expressed by many and best vocalised by two leaders in recent times. Vice-President Hamid Ansari had said in his 2010 speech on this subject “....responsibility to the legislature, and eventually to the electorate, is an essential element...
More »At Harvard, CAG slams government, netas
-The Times of India Harvard's prestigious Kennedy School on Thursday provided the setting forComptroller and Auditor General (CAG) Vinod Rai to hit out at the Manmohan Singhgovernment for attempting to reduce the federal auditor to a mere accountant with no real role in auditing policy. Speaking at the school of public affairs, Rai made an indirect but unmistakable reference to the government's criticism of the CAG's 2G report, saying, "We were...
More »Mahatma Gandhi National Rural Employment Guarantee Act has potential to bring second green revolution: Sonia Gandhi
-PTI Congress President Sonia Gandhi today strongly pitched for utilising MNREGA to increase agricultural production, saying the flagship scheme can play a big role to usher in second green revolution in India. "I am of the belief that MNREGA has tremendous potential to increase agriculture production, which we have not been able to tap fully till date. There are many possibilities not only for creating community assets in villages but also providing...
More »NABARD scraps controversial scheme for corporate warehousing -Shalini Singh
-The Hindu The National Bank for Agriculture and Rural Development (NABARD), whose funding of corporate warehousing projects on terms far softer than those offered to poor and often suicidal farmers was highlighted by The Hindu last month, has withdrawn its controversial scheme with retrospective effect under pressure from the Reserve Bank of India. The minutes of a meeting of the sub-committee of the NABARD Board held last month confirm that the RBI...
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