The government has decided to issue biometric PAN cards to taxpayers across the country to weed out the problem of duplicate and fake ones. The decision was taken recently by the finance ministry and it comes in the wake of a Comptroller and Auditor General (CAG) report that asked the income tax department to ensure that a single tax payer is not issued multiple cards. The proposed new biometric Permanent Account Number...

Reconsidering its earlier decision, the United Progressive Alliance government is now contemplating not to give direct inclusion to all members of the Scheduled Caste and Scheduled Tribe communities in the proposed BPL list if one goes by the modalities being laid out for conducting the census. Their inclusion will now be based on their ranking obtained from the number of deprivation indicators they satisfy. Similarly, minorities too don't get the same...

It is difficult to predict what denouement the spat between the Sheikh Hasina-led Bangladesh Government and Mohammed Yunus, the Noble Laureate, would ultimately reach but it has undoubtedly brought to the fore many pitfalls of the micro-credit system which has so far been hailed as a panacea for poverty alleviation not just in the Third World countries but in many developed nations too. It may be a bit unfair to...

The right step would be for Manmohan Singh to visit Jantar Mantar without further loss of time to persuade the Gandhian to call off his fast, and also explore a compromise. Jantar Mantar in New Delhi is a hot favourite of the average tourist in the summer season. As the temperatures soar this year, the monument is drawing even greater crowds, mainly to savour the electric atmosphere generated by a 72-year-old...

Even as concerns are emerging about generalised inflation gripping the economy, with reports of rising wage rates, food price inflation remains the citizen’s core concern. Macroeconomic authorities have been chasing a variety of targets – monetary, fiscal and supply-side constraints – to get a better grip on prices. It is often hoped that higher prices would translate into increased production since farmers would respond positively to price signals. What then...