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Balancing conflicting claims -C Rangarajan & DK Srivastava

-The Hindu The 15th Finance Commission has to take a call on the degree of equalisation that’s feasible In the context of the Terms of Reference (ToR) of the 15th Finance Commission (FFC), certain key aspects relate to (a) the mandate for using the 2011 population; (b) ‘whether revenue deficit grants’ be given at all; (c) the impact of the goods and services tax (GST) on the finances of the Centre and...

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How Many Jobs Are Really Being Created by the Modi Govt's Mudra Scheme? -Noor Mohammad

-TheWire.in Figures highlighted in an RTI reply cut to the heart of a debate over the government’s assertion to count Mudra loan beneficiaries as employed. New Delhi: Struggling to deliver on the poll promise to create one crore jobs a year, the Narendra Modi government and the BJP may have found a face-saver in the flagship self-employment Mudra scheme, launched under the Pradhan Mantri Mudra Yojana (PMMY) in 2015. However, three years in,...

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This east Delhi colony is now powered by Sun

-The Times of India NEW DELHI: After Dwarka, a cooperative housing society in east Delhi has now gone solar. Chief minister Arvind Kejriwal inaugurated a 140 kWp solar PV plant at Milan Vihar cooperative society in IP Extension on Sunday. According to officials, the plant will generate 1.7 lakh units in a year and the society will earn Rs 3.4 lakh per year as generation-based incentive. Sources said many other housing societies...

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Centre close to cracking shell firm puzzle; panel decides 18 parameters -Shrimi Choudhary

-Business Standard The task force also highlighted that companies had been misused to channel unaccounted cash after demonetisation in November 2016 Mumbai: The government’s task force has arrived at a formula to define a ‘shell company’, a move critical for enforcement agencies to crack down on dubious entities exploiting the regulatory framework. According to sources, the task force has listed 18 key parameters, including beneficial ownership and the nature of business dealings, to...

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Direct income transfers will help farmers more than minimum support prices, says new report -Mridula Chari

-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...

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