-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...
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CBI books former environment minister Jayanthi Natarajan in corruption case -Neeraj Chauhan
-The Times of India NEW DELHI: The CBI on Saturday registered a corruption case against former Union environment minister Jayanthi Natarajan+ and raided her premises in Chennai in connection with clearance given during her tenure for diversion of forest land for mining in alleged violation of laws. The CBI alleged that Natarajan, as the environment minister during UPA rule+ , abused her official position while giving clearances to Electosteel Casting Limited, a...
More »Country's lowest infant mortality rate recorded in Manipur -K Sarojkumar Sharma
-The Times of India IMPHAL: It is hard to believe that the state, mostly in the news for reports of armed conflicts, has been achieving the country's lowest infant mortality rate (IMR) consecutively for the last three years — standing tall amidst other conventionally well-equipped states. According to the health ministry report, Manipur's IMR stands at nine deaths per 1000 live births. The national IMR, according to the latest available data,...
More »CIC backlog grows as vacancies remain unfilled -Vidya Venkat
-The Hindu Of the 18,518 cases registered as appeals, 13,796 were returned to appellants There are a whopping 24,302 cases related to information appeals pending with the Central Information Commission as on Thursday, according to the CIC website. This backlog is in spite of the fact that the Commission is returning a majority of appeals coming to it, citing lack of documentation, premature appeals or forwarding of cases to the relevant State...
More »DeMo was ethically flawed -A Srinivas & Sandhya Rao
-The Hindu Business Line The possible gain arising out of tax compliance has come at too high a human cost ‘There are three kinds of lies: lies, damned lies, and statistics.’ – Benjamin Disraeli After the RBI’s latest revelations — of 99 per cent of the extinguished currency having returned to the banks — media pundits and economists have wasted no time in saying that efforts to obliterate black money have failed. However,...
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