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Highlights of Union Budget 2015

-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...

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That ’70s show: ‘Levy rice’ to end in October -Sandip Das

-The Financial Express The government has decided to dispense with "levy rice", a mandatory system under which rice millers also undertake rice procurement for the public distribution system by buying paddy directly from the farmers, effective the next marketing season starting October. The system, introduced way back in 1978, is set to be withdrawn as the government felt that a lack of effective supervision often allowed the millers to avoid paying minimum...

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India Matters: Demanding Toilets All India -Sutapa Deb

-NDTV Our journey takes us to five villages in Sehore district, Madhya Pradesh, to meet families that do not have a toilet at home. Nearly 65 per cent of households in rural areas of the state are without toilets. Prema and Tanu belong to a Scheduled Caste family of daily wagers in Ahlada Kheda. Students of Class 9 and 10, they are exposed to children from different socioeconomic backgrounds at...

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SC kept in dark about threat from six Uttarakhand dams -Nitin Sethi

-Business Standard The Supreme Court asked the Union environment ministry to review six specific hydroelectric projects on the upper Ganga basin in Uttarakhand. On Wednesday, the ministry informed the apex court that its expert committee had checked and found the six had almost all the requisite and legitimate clearances. But, the ministry did not tell the court the experts, in the report to the ministry, had also warned these dams could...

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Agriculture Minister Radha Mohan Singh bats for GM crops -Tomojit Basu

-The Hindu Business Line Radha Mohan Singh, the Union Agriculture Minister, lent vocal support to genetically modified (GM) crops on Friday stating that technologically enhanced seeds could help India realise its food security ambition and believed it held great promise in minimising productivity losses particularly on account of abiotic stress factors like floods and drought. "While agriculture feeds the nation, seeds feed agriculture... Bt Cotton in Gujarat, Maharashtra, Andhra Pradesh, Karnataka and...

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