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PM Housing Fund: DHFL Directors Scammed Thousands Of Crores, Says CBI -Arvind Gunasekar

-NDTV The Pradhan Mantri Awas Yojana (PMAY) is a central scheme to ensure housing for all and was announced in October 2015 New Delhi: The CBI on Wednesday unearthed a scam linked to the Pradhan Mantri Awas Yojana (PMAY) and registered a case against Kapil and Dheeraj Wadhawan, brothers who are promoters of crisis-hit Dewan Housing Finance Limited (DHFL) and are in jail over fraud and money-laundering charges. According to the CBI, Kapil...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Aadhaar as a hurdle: On authentication failures and welfare delivery

-The Hindu Inefficiencies in the Aadhaar project should not come in the way of welfare delivery The Supreme Court, on Wednesday, did the right thing by terming as serious the allegation by a petitioner that three crore ration cards were cancelled for not being linked with the Aadhaar database and that these were connected to reported starvation deaths in some States. The unique identification scheme has been in existence for more than...

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Census data may decide food Subsidy

-The Hindu A NITI Aayog paper has recommended reduction in National Food Security Act coverage. Once the new census data is available, the Centre may consider revising the number of people who get subsidised foodgrains under the National Food Security Act, Food Secretary Sudhanshu Pandey said on Friday. He insisted there is no proposal under consideration as yet, but said the Food Ministry was having conversations on a NITI Aayog paper on...

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NITI Aayog's Proposal to Cut Food Subsidies Will Worsen India's Rising Hunger Problem -Sujata Gothoskar

-TheWire.in A number of indicators have shown that India is still reeling under the adverse impact of lockdowns and job losses necessitated by the pandemic. Any cut in food subsidies will push millions into starvation. On February 28, 2021, it was widely reported that Niti Aayog put out a paper arguing for lowering coverage in food security law in order to cut the Subsidy bill. The paper prescribes curtailment of food Subsidy...

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