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Bhushan told to pay Rs 1.32 cr duty plus interest on his ‘1-lakh bungalow’ by Prashant Pandey

The office of the assistant stamp commissioner here today found Team Anna member Shanti Bhushan guilty of evading stamp duty in purchase of a bungalow in Allahabad’s posh Civil Lines, slapping him with a Rs 27 lakh fine and asking him to deposit Rs 1.32 crore in duty along with interest. Bhushan has been asked to pay the entire amount within a month. Bhushan said the order was “illegal”, and the stamp...

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Loud no to cash by Raghav Puri

In Chhattisgarh, people swear by the PDS, which has witnessed a revival since 2004 when the government revamped it. IN Chhattisgarh, as part of the survey on public distribution system (PDS) versus cash transfers, a team of student volunteers visited 12 villages spread across Mahasamund and Sarguja districts. The State may have been in the news for all the wrong reasons in recent times, but the way its PDS worked...

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Strong revival by Anindita Adhikari

In Jharkhand, an assertive populace is making sure that the dealers do not hijack the PDS. UNTIL a few years ago, the public distribution system (PDS) in Jharkhand appeared broken and beyond repair. The National Sample Survey data for 2004-05 suggest that more than 80 per cent of the PDS grain was sold in the open market at that time. A field survey in Ranchi and Dumka districts from June...

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FDI in multi-brand retail still on govt’s mind: FM

-The Times of India   Finance minister Pranab Mukherjee said on Friday that opening up of the multi-brand retail sector to foreign investment was still on the "mind of the government" and it would be pursued once consensus emerged among political parties and other stakeholders. Mukherjee blamed lack of consensus among political parties for the government's inability to implement the reform measure but said it did not reflect the lack of intention or...

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NABARD allocates Rs 2,000 crore for foodgrain storage warehouses

-PTI   National Bank for Agriculture and Rural Development (NABARD) today said it has earmarked Rs 2,000 crore for building warehouses which will help in facilitating distribution of foodgrain to poor under the proposed Food Security Act. "Under RIDF ( Rural Infrastructure Development Fund), we have proposed to provide funds to the tune of Rs 2,000 crore exclusively for construction of scientific godowns across the country in this fiscal," NABARD Executive Director S...

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