-Outlook Corporate karza maafi reaches new heights, social spending new lows This year's budget write-off in customs duty on gold, diamonds and jewellery (all aam aadmi items, of course) is Rs 75,592 crore. That's well over twice the "record" amount allocated to the Mahatma Gandhi National Rural Employment Guarantee Scheme. As Prof Jayati Ghosh points out, the MNREGA has given billions of person-days of work to tens of millions of poor...
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‘Bar independents, get companies to clear poll donations at AGMs’ -Maneesh Chhibber
-The Indian Express From barring independent candidates from contesting elections to making it mandatory for corporates to seek shareholders' approval at their annual general meetings before donating funds to political parties, the Law Commission of India is set to recommend sweeping electoral reforms in its 255th report which will be submitted to the government on Thursday. Sources in the commission told The Indian Express that the panel has also opposed compulsory voting....
More »Participatory Budget knocking on Delhi's door
Quite opposite to the top-down model of budgeting, the newly elected Aam Aadmi Party-led Government in Delhi has decided to go for a 'citizen-centric' budget planning at 'mohalla'-level for the fiscal year 2015-16. Drawing lessons from the success stories of participatory budgeting conducted at municipal-level in cities like Porto Alegre (Brazil), the AAP-led Delhi Government has decided to launch this form of decentralized budgeting on a pilot basis in a...
More »Not measure for measure -Uday Balakrishnan
-The Hindu With a plethora of government departments and international organisations putting out so much statistical data in the public space, often contradicting one another, it is the government's duty to clear the air with up-to-date and coherent statistical data linking social and economic indicators Purchasing Power Parity or PPP has validated a long held surmise that the poorer countries are not as badly off as they are made out to be...
More »Political ads exist in legal grey area -Rukmini S
-The Hindu Are political advertisements in newspapers on the day of an election legally permissible? India's leading political parties appear to be operating in a legal grey area, a position of ambiguity that they themselves have perpetuated. Section 126 of the Representation of People Act (1950) prohibits political parties from taking out television ads from 48 hours before an election. It does not, however, explicitly mention the print media. The relevant...
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