-PTI The elite financial snooping unit of the country has compiled comprehensive data of such instances, including fake currency deposits, for the year 2017-18. NEW DELHI: The 2016 demonetisation of two high-value currencies has led to an all-time high generation of over 14 lakh suspicious transaction reports (STRs), a record 1,400 per cent jump over the past, by banks and other financial institutions in the country, a latest FIU report has found. The...
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YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism FRAmework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »Medium, message, masses -Shivam Vij
-The Telegraph The impact the beast called social media can really have on the ensuing general elections Sometime in the late 2000s, a young software engineer who voluntarily ran social media propaganda for the Rashtriya Swayamsewak Sangh and the Bharatiya Janata Party got an opportunity to attend a BJP social media meet in Bangalore. Among the people who saw this young man speak there was the then Gujarat chief minister, Narendra Modi....
More »Direct tax collection falls short, CBDT raises alarm
-PTI The CBDT has been worried over the direct tax collection work for quite some time The Central Board of Direct Taxes (CBDT) has rung alarm bells and has asked the Income Tax Department to go for a major assault as the direct tax collection target remains short of about 15%, with the financial year closing less than a week away. On March 26, CBDT Member (Revenue) Neena Kumar shot off a letter...
More »Inside Jharkhand's Singhbhum, the worst constituency in India -Ashwaq Masoodi
-Livemint.com * Nearly 67% children in Singhbhum are underweight, the highest in India. More than half are stunted and a third suffer from wasting * In Jharkhand, malnutrition is still an alien concept, and the lack of drinking water, ration or electricity supercedes need for healthcare Singhbhum: In the waiting room of a hospital ward in Jharkhand’s West Singhbhum district, Mukul Kalandiya is carefully holding something that from a distance looks like a...
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