It is unbelievable but true! More than 25,000 people die every day of hunger or hunger-related causes, according to the United Nations. One child dies of hunger-related causes every five seconds, taking a toll on 16,000 poor hungry children each day. More than 1.4 billion people live at poverty line or below. According to a the World Bank report, there are over 1,345 million poor people in developing countries who...
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UN: global unemployment stubbornly high at 205 mn
As world leaders and Wealthy business executives prepared to mingle and chat at the World Economic Forum , U.N. figures revealed Tuesday that 205 million people were unemployed last year in the wake of the financial crisis and that little improvement was expected in 2011. The International Labor Organization said the number of jobless worldwide held steady last year and is forecast to dip less than 1 per cent this year...
More »India may have to wait till 2012 for information on black money
India, Switzerland had signed a protocol to amend the DTA last year It is expected to help India get details about illicit Wealth India may have to wait till at least next year for information from Switzerland on the possible black money trail to Swiss banks, as a treaty for the same might come into force only by the end of 2011. The treaty needs to be ratified by various authorities in India...
More »New hope for tribal families in Warangal by Gollapudi Srinivasa Rao
Societies formed to give jobs in sandmining hitherto handled by non-tribals and contractors A small intervention from kind-hearted bureaucrats made a life-changing impact on scores of tribal families who eke out a primitive mode of life in these agency tracts of Warangal district. Vast stretches of dry beds of the Godavari are worth more than a gold mine and these had been exploited by non-tribals and Wealthy contractors quarrying the sand. The...
More »Work on slush cash data by Jayanta Roy Chowdhury
The Centre has signed deals or is in talks with 78 countries besides Switzerland to amend double taxation avoidance treaties to facilitate information-sharing on slush funds held by Indians abroad. These countries include Mauritius, Brazil, Canada, Italy, the UK, the US, the UAE and the Channel Islands. The Swiss parliament is set to ratify the tax treaty with changes which will allow India to gain access to information on black money held...
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