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No plans to withdraw LPG subsidy to well off people: Sinha

-PTI As on February 23, 2015, approximately 1.46 lakh consumers have voluntarily given up LPG subsidy on their domestic LPG connections. There are no plans to withdraw the facility of subsidised LPG cylinders to financially well off people, even as 1.46 lakh such consumers have voluntarily given up the subsidy, the government said on Tuesday. "As on February 23, 2015, approximately 1.46 lakh consumers have voluntarily given up LPG subsidy on their domestic...

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Highlights of Union Budget 2015

-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...

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How effective are social security and welfare in India? -Anumeha Yadav

-The Hindu India's growth story of the last two decades has had one recurring theme: that the pattern of economic growth is accentuating insecurities. Yet, there continues to be a deep divide over whether the gains from growth ought to be ploughed back to achieve social security for everyone. Social security has come to be linked to job benefits, tying it to one's status as a worker in the formal or...

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India’s two-speed demography -Prachi Priya & Anuj Agarwal

-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...

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Aadhaar woes for Assam -Pankaj Sarma

-The Telegraph Guwahati: Apart from Tripura and Sikkim, enrolment for Aadhaar cards remains very low in the northeastern states, with Assam at the bottom of the list. According to figures available with the Unique Identification Authority of India (UIDAI), which handles the Aadhaar project, as on November 30, 2014, the percentage of enrolment against the total population was abysmally low in Assam - 0.3 per cent. The trend is not much better in...

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