-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
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100,000 Maharashtra farmers may not get loan to sow kharif crop -Aparna Pallavi
-Down to Earth Reserve Bank of India refuses to bail out three district cooperative banks Kharif sowing season is close at hand, but around 100,000 farmers of Nagpur, Wardha and Buldhana districts in Maharashtra are unlikely to get agricultural loan or hailstorm relief from the District Central Cooperative Banks (DCCBs) because the Reserve Bank of India (RBI) has rejected banking applications of these banks. Worse, fixed deposits worth Rs 1,716 crore belonging...
More »Centre must invest $834bn to reduce carbon footprint: Panel
-The Times of India NEW DELHI: An expert group of Planning Commission has pitched for major investments to reduce country's carbon footprint, saying India needs to invest $834 billion in nearly two decades to be firmly on low carbon and environment-friendly growth trajectory. It also stressed on use of renewable energy resources in big way, saying at least one third of power generation by 2030 must be fossil-fuel free. The group,...
More »Services at 23 more primary health centres go online now -Ranjana Diggikar
-The Times of India AURANGABAD: The Aurangabad district administration and the Zilla PARIshad (ZP) after introducing a novel online health service system at two primary health centres (PHCs) in the district in September 2013 is all set to launch the e-governance system at 23 PHCs. It will help monitor and ensure accountability and transparency on the part of the centres and to provide information to help people get quality and timely...
More »Reading Piketty in India -Martin Ravallion
-The Indian Express Human capital inequality is what India needs to be most concerned about right now. THOMAS PIKETTY's Capital in the Twenty-First Century has attracted a great deal of attention, especially (it seems) where I live, in Washington DC. Some people have said the city has caught a severe case of "Piketty fever". Everyone seems to be talking about the book - clearly many more people than have read its 700...
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