-Financial Express From camelccino to camel milk chocolate, there’s no dearth of delicacies on offer. Camel milk is in the news. And hailing its virtue is none other than Prime Minister Narendra Modi. Addressing a gathering of farmers in Anand, Gujarat, in October, Modi narrated how he was ridiculed for describing camel milk as nutritious once. It was during his stint as chief minister of Gujarat that he had tried promoting camel...
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Mid-year review: Only five tax regions manage to achieve revenue mop-up goals -Rahul Wadke
-The Hindu Mumbai among biggest laggards with 3.8% growth in collections against a target of 13.3% Mumbai: The Income Tax Department may miss the revenue collection target for this fiscal going by the numbers for the first two quarters. Out of 18 income tax regions in the country, only five — Delhi, Uttar Pradesh (E), Uttar Pradesh (W), Odisha and the North-East — have managed to achieve the revenue goals in the...
More »Poverty in all its faces -C Rangarajan & S Mahendra Dev
-The Indian Express Growth can alleviate poverty but its definition needs to expand to make any tangible difference on the ground. Amidst the din caused by the story of rising billionaires, the message on India’s poverty decline in the recent report of the Oxford Poverty and Human Development Initiative has been lost. UNDP and Oxford University released the report on Global Multidimensional Poverty Index (MPI) 2018. This report covers 105 countries. The...
More »No 'less cash' two years post note ban
-The Hindu Cash in circulation and ATM withdrawals have only increased, RBI data shows Thursday, November 8, marks the second anniversary of the demonetisation exercise. It was on the same day in 2016 that Prime Minister Narendra Modi announced that ?1,000 and ?500 currency notes would no longer be legal tender. These notes constituted over 86% of the currency in circulation, then. One of the objectives of demonetisation was to move to a...
More »Explained: How 100 frauds hit banks -Rahul Tripathi
-The Indian Express CVC report analyses 100 major frauds on public sector banks, committed by borrowers from 13 sectors. Among them, an aviation firm that got loans based on its brand name in spite of a poor credit rating; and jewellers who allegedly inflated value of diamonds and submitted fake details on debtors. New Delhi: The Central Vigilance Commission (CVC) recently came out with a report that analyses the top 100 bank...
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