One tweet that had many cracking up was: “Dear Mamata, normally the cartoonist tries to capture the subject. Not vice versa.” The allegation was that Professor Ambikesh Mahapatra has used email id of his neighbour Subrata Sengupta (70) to forward an e-mail containing a graphic with a humorous reference to Mamata Banerjee for replacing Dinesh Trivedi with Mukul Roy as Railway Minister. The graphic uses photographs of the three Trinamool...
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Imagine a poverty line-Surjit S Bhalla
No matter where you draw the line, the fall in poverty is greater in high GDP growth years Some plain facts and some ugly truths. The plain fact is that poverty in India has declined at a rapid pace during the UPA years post 2004. An ugly truth. When the Planning Commission released the estimates of poverty in India, on the basis of the household survey conducted by the NSS in...
More »Why burden us, ask private schools by Basant Kumar Mohanty
Today's Supreme Court judgment saying all private schools other than unaided minority schools must reserve one in four seats for poor children has provoked dismay in private schools. Principals of leading private schools in Delhi said the 25 per cent reservation would impose a severe financial burden on them. "The government should take care of education for the poor. Why cannot the government open new schools? Why are they pushing the 25...
More »Govt panel proposes additional taxes on personalised vehicles
-PTI A government sub-committee looking into probable sources of funds for urban transport projects in the 12th Plan has suggested the creation of a national fund, resource for which can be generated through taxes on vehicles and petrol consumption. The recent report of the Sub-Committee on Financing Urban Infrastructure in the 12th Plan said investments to the tune of 87,000 crore were required in the Five Year Plan duration. The huge investment needs...
More »Germany strikes deal to tax secret Swiss accounts by David Jolly
—New York Times News Service Switzerland has agreed to a revised tax deal with Germany, with Switzerland to pay billions of dollars on funds hidden in its banks by German tax dodgers. The deal was the latest step in an international charm offensive that is meant to salvage at least some of Switzerland's famous banking secrecy. The accord, which was tougher to reach after a deal in September was criticised by German...
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