-Livemint.com According to Credit Suisse, India’s wealth increased by $2.284 trillion between 2000 and 2015. Of this rise, the richest 1% has hogged 61% The richest 1% of Indians own 53% of the country’s wealth, according to the latest data on global wealth from Credit Suisse. The richest 5% own 68.6% of the country’s wealth, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half...
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Empower, not weaken the CAG -Gautam Sen
-The Hindu A recent proposal to curtail the powers of the Comptroller and Auditor General of India runs contrary to national and international conventions. Rather, it is the duty of both the executive and the legislature to strengthen this constitutional office A conference of the chairpersons of Public Accounts Committees (PACs) has just been held under the aegis of the Parliament’s PAC. Nishikant Dubey, Member of Parliament (Lok Sabha), member PAC, and...
More »Rethinking conditional maternal entitlements -Vanita Leah Falcao and Jasmeet Khanuja
-Livemint.com There is a need to evaluate whether implementing a cash transfer programme has become the end On 4 September, the ministry of women and child development (MWCD) was issued a notice by the Supreme Court questioning its failure to implement the maternal cash entitlement guaranteed in the National Food Security Act, 2013 (NFSA). Section 4 of the NFSA entitles all pregnant and lactating women to Rs. 6,000, if they are...
More »Subverting the Land Acquisition Act, 2013 -Santosh Verma
-Economic and Political Weekly After coming to power in 2014, the National Democratic Alliance government took several measures to dilute the pro-poor provisions of the Land Acquisition Act of 2013. Though it has backed down, several questions remain over the way the Modi government has dealt with the issue of land acquisition. Santosh Verma (santosh.econ@gmail.com) is at the Council for Social Development, New Delhi. Land acquisition—by private corporations or the state—has raised vital...
More »Final number of inviolate coal blocks down from 206 to less than 35 -Subhayan Chakraborty & Nitin Sethi
-Business Standard Govt concludes it has no mapped information on perennial rivers, dams & irrigation projects which would be impacted by coal mining To be finalised soon by the government, the number of inviolate coal blocks where mining will be banned is likely to be reduced from the originally identified 206 to less than 35. The environment ministry has decided to again dilute the parameters for identifying which of India's 793 blocks...
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