-Reuters Rich individuals and their families have as much as $32 trillion of hidden financial Assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday. The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial Assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion. The...
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Government's rural employment scheme MGNREGA leaves a lot to be desired-Urmi Goswami
-The Economic Times The positive impact on agricultural wages and distress migration from rural areas not withstanding, the government's flagship rural employment scheme, the Mahatma Gandhi National Rural Employment Guarantee Act, leaves a lot to be desired for. This is evident from the rural development ministry's compendium of more than 100 major research papers on the programme, MGNREGA Sameeksha. The slim 120-odd page volume, which is to be released by the Prime Minister...
More »PM's speech at the release of the MGNREGA Sameeksha
-Press Information Bureau I am very happy to release the Mahatma Gandhi NREGA Sameeksha, brought out by the Ministry of Rural Development. This is an innovative way of looking at our development programmes. I compliment Shri Jairam Ramesh for taking the initiative to reach out to scholars in different parts of our country to apply their minds to analysis of what is being achieved, what is possible, what is not yet...
More »Government sweetens land acquisition deal-Subodh Ghildiyal
-The Times of India Persons displaced by land acquisition would be paid an extra 12% of the cost of land every year, in what is seen as the government's bid to sweeten the deal after insisting on state's role in buying land for private parties. The proposed changes to the Land Acquisition Bill add 12% of market value of the land acquired to the package of compensation and solatium to the evacuee....
More »Media, it’s time to heal thyself-Charles Sampford & Ramesh Thakur
-The Hindu Journalists need to adopt a set of integrity measures in order to police the boundaries between the market and political power Gina Rinehart, Australia’s richest person and the world’s wealthiest woman, is seeking three board seats following her purchase of 18.7 per cent of Fairfax which owns most papers in Australia not controlled by Rupert Murdoch’s News Ltd. There has already been considerable upheaval in two of the Fairfax papers...
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