-The Times of India JAIPUR: Across the country, payments worth Rs 9,124 crore are yet to be paid for work done in the 2016-17 financial year under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). This comes at a time when Prime Minister Narendra Modi has created incentive schemes for rewarding those using the Digital Payment platform. Only days ago, 20-year-old Maharashtra student Shradha Mengshette was surprised to win Rs1...
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Non-payment of due MGNREGA wages recurred in 2016-17
The focus on MGNREGA got renewed when the Finance Minister Shri Arun Jaitley during the presentation of Union Budget 2017-18 increased allocation under the programme to Rs. 48,000 crore (B.E.), up from Rs. 47,499 crore (R.E.) in 2016-17. However, it has been noticed by the Inclusive Media for Change team that nearly Rs. 9,748.7 crore of due payment during the last financial year is still pending, as on 2 April,...
More »The great Finance Bill trick -Niranjan Sahoo
-DNA The political funding reforms are an embarrassment to India’s claims of heralding a transparency revolution Following Prime Minister Narendra Modi’s demonetization drive and his expressed desire to bring transparency in political funding, there were expectations of more concrete measures to cleanse the Augean stables of Indian politics. The government responded quickly, albeit through the Finance Bill. For the first time, the Union Budget 2017 devoted a full section (420...
More »Modi's Digital India dream souring? Value of digital transactions recedes -Abhishek Waghmare
-IndiaSpend This puts in peril the government's target to achieve 25 billion digital transactions in 2017-18 The value of digital transactions nationwide declined marginally (1.5%) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on electronic payments released by the Reserve Bank of India (RBI). The data do not cover all transactions across all banks. But, card...
More »Aadhar to be made mandatory for filing I-T return, applying for PAN card
-The Times of India/ PTI NEW DELHI: The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account number (PAN). The new proposal has been made through an amendment to the Finance Bill. Recently, the I-T department had announced a mobile app for paying taxes and tracking of refunds. It had also said it was considering issuing PANs on real time basis using Aadhaar...
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