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Budget 2013: CPI(M) Slams Tax 'Concessions' to the Rich

-Outlook The CPI(M) today castigated the government for foregoing over Rs 5.73 lakh crore as tax revenues by granting tax concessions to the rich, saying the amount was Rs 53,000 crore more than the fiscal deficit. "The budget proposals will further enrich the rich and impoverish the poor," senior CPI(M) leader Sitaram Yechury told reporters while reacting to the 2013-14 Budget. Quoting data presented in the budget, he said the aggregated revenue foregone...

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Will budget offer a remedy for the creaking infrastructure? -Sujay Mehdudia

-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...

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Mirage of development -Lyla Bavadam

-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...

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Work in Progress-SL Rao

-The Telegraph The world lauds us as the largest democracy. Yet, how much of a democracy are we and where must we improve? Elections and their consequences: We have regular elections. They are supervised with increasing effectiveness as far as booth capturing, bogus voters and violence are concerned. The influence of money has not waned; if anything, it has increased. It is not as it used to be, for paying voters only....

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High-power panel to review Sachar panel report, 15-Point Programme -Mohammad Ali

-The Hindu Sequel to complaints that minority welfare schemes not percolating to intended beneficiaries Ahead of the next general elections in 2014, the Congress-led United Progressive Alliance government has proposed constitution of a high-power committee to review and assess the implementation of Justice Rajinder Sachar Committee’s recommendations and Prime Minister’s 15-Point Programme. This comes after a barrage of complaints from the Muslim community and a perception widely shared by people inside and...

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