-Hindustan Times India’s Public Distribution System (PDS) after the enactment of the National Food Security Act (NFSA) promises 5kg foodgrain per persons at a highly subsidised cost of ₹3/kg for rice, Rs.2/kg for wheat and Rs.1/kg for cereals. The government will stand to lose this revenue after the decision to make PDS entitlements free. New Delhi: On December 24, the Union government announced a rejig of India’s food security programme. It has...
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Opposition seeks answers to questions on economy from Centre
-The Telegraph Corporate tax contributes 8 percentage points less to the gross tax revenue now than it did in 2014 when the Modi government took over, says P Chidambaram New Delhi: The Opposition on Monday sought answers to fundamental questions on the economy that finance minister Nirmala Sitharaman has strenuously asserted is the fastest growing in the world. Corporate tax, paid by business houses, contributes 8 percentage points less to the gross tax...
More »The great gamble on the Russian oil price cap -Prashanth Perumal
-The Hindu The West’s attempt to cut Russia’s oil revenues without drastically affecting global oil supplies may be too fine a balancing act in the longer run The Group of Seven (G7) countries, the European Union and Australia have imposed a price cap on Russian sea-borne oil to make it harder for Russia to fund its war against Ukraine. Under the plan, which took effect on December 5 , Western companies that...
More »How Telangana subverted India’s land acquisition law -Faustina Johnson
-Scroll.in In 2013, a new law sought to end land grab in India. Telangana showed how easy it was to undermine it, as it took over farmland for a 20,000-acre pharma city. One day in early August 2021, Papi Reddy took a trip to the revenue office of Yacharam mandal, in Telangana’s Ranga Reddy District, He wanted to claim some money that was due to him under Rythu Bandhu, a state-sponsored agricultural...
More »Delhi: RWAs come up with people’s manifesto for MCD elections -Paras Singh
-Hindustan Times The umbrella body of Residents’ Welfare Associations (RWAs) in Delhi have issued a charter of demands seeking a more ‘liveable, breathable and commutable’ city. The umbrella body of Residents’ Welfare Associations (RWAs) in Delhi have come up with a ‘People’s Manifesto’ for the upcoming Municipal Corporation of Delhi (MCD) elections, issuing a charter of demands seeking a more “liveable, breathable and commutable” city. The manifesto issued by United RWAs Joint Action...
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