Centre delinks access to welfare schemes from poverty line NUMBER of people who can benefit from government’s welfare programmes is going to swell. Currently, the Central government caps the entitlements under most welfare programmes to those below the poverty line, which is as low as Rs 12/day/person for rural areas and Rs 18/day/person for urban areas. State governments have been opposing this mechanism. In future, the ongoing socio-economic and caste census...
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‘9,900 pieces of information on black money obtained'
-The Hindu Revised pact with Switzerland will allow India to obtain banking information in specific cases: Finance Minister Having impressed upon the G-20 nations the need to adopt automatic sharing of banking and tax-related information at the Paris Ministerial meeting last weekend, Union Finance Minister Pranab Mukherjee on Wednesday sought to highlight the “noteworthy” achievements and the progress made back home in unearthing unaccounted income. In his inaugural address at the ‘Economic Editors'...
More »World population to hit 7 billion
-AP Severe stress on food, water and jobs She's a 40-year-old mother of eight, with a ninth child due soon. The family homestead in a Burundi village is too small to provide enough food, and three of the children have quit school for lack of money to pay required fees. “I regret to have made all those children,” says Godelive Ndageramiwe. “If I were to start over, I would only make two or...
More »Govt’s next CAG headache: ‘Mega losses in power deal’ by Amitav Ranjan
The Comptroller and Auditor General has alleged that the union power ministry gave “undue benefit” of Rs 1.20 lakh crore — calculated over the next 25 years — to Reliance Power Ltd (RPL) in the ultra mega power projects (UMPPs) at Sasan in Madhya Pradesh and Tilaiya in Jharkhand. In its report sent to the power ministry last month, the CAG has argued that the government did so by changing coal...
More »UN study shows murder rates highest in parts of Americas and Africa
-The United Nations Young men in Central and South America and Southern and Central Africa are most at risk of being killed in cases of homicide, while women face an increased likelihood of being murdered in domestic violence, the United Nations Office on Drugs and Crime (UNODC) said in a report unveiled today. Evidence points to rising homicide rates in Central America and the Caribbean, which are “near crisis point,” according to...
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