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Farmers spending a fortune on borewells in parched Marathwada-Shoumojit Banerjee

-The Hindu As Marathwada’s groundwater table plummets to 500 ft, farmers here, as in other districts, are freely violating the law in a frantic bid to strike water. Mahadeo Mule has invested Rs. 1 lakh during the past five months to save his crops and livestock, drilling at five different points on his land, despite already having a borewell. He has also spent close to Rs. 35,000 on water from private...

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Delhi Rape: Cops Oppose Plea to Use CD As Evidence

-Outlook Opposing the plea of December 16 gangrape accused to use as evidence a CD containing the interview of the victim's friend given to a news channel, the police today told the Delhi High Court that a "media interview of a witness is inadmissible evidence under the law." Special public prosecutor Dayan Krishnan, appearing for the Delhi police, told Justice G P Mittal that "media interview in any nature is completely barred...

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Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run Banks

-The Economic Times  The finance ministry has told all state-run Banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters. In a recent meeting with heads of state-run Banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished...

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Response to 'A Cost-Benefit Analysis of UID'-Sumathi Chandrashekaran, Shekhar H Kumar, Smriti Parsheera, Ila Patnaik, Madhavi Pundit, Suyash Rai and Ajay Shah

-Economic and Political Weekly A debate on the study "A Cost-Benefit Analysis of Aadhaar" conducted by the National Institute of Public Finance and Policy which was discussed in the EPW of 2 February 2013. Sumathi Chandrashekaran, Shekhar H Kumar, Smriti Parsheera, Ila Patnaik, Madhavi Pundit, Suyash Rai, Ajay Shah A debate on the study “A Cost-Benefit Analysis of Aadhaar” conducted by the National Institute of Public Finance and Policy which was discussed in...

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Budget 2013: More power for taxmen faces stiff opposition-Remya Nair and Sahil Makkar

-Live Mint Evasion of duty of over Rs.50 lakh to be made non-bailable offence; arrest provisions under service tax proposed The government may find itself in hot water on budget proposals that make duty evasion beyond a certain threshold a non-bailable offence, allow arrest on suspected withholding of service tax, and provide tax authorities powers to recover dues from a defaulter’s Bankers.   Although finance minister P. Chidambaram in his budget presentation on 28...

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