-Scroll.in Chronic underspending on education has created governance systems that are unable to use the allocated funds. The Comptroller and Auditor General of India has found that states failed to spend over Rs 10,000 crores made available to them for elementary education every year between 2010-’11 and 2015-’16. The auditor’s report, which was tabled in the Lok Sabha on July 21, reviewed the implementation of the Right of Children to Free and...
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Regulator Turns up heat on erring CAs -Arun S
-The Hindu Complaints filed & punishment given, says institute chief. The Institute of Chartered Accountants of India (ICAI) has said 4,445 complaints have been registered against CAs as on June 30 this year, and punishment has been awarded in 402 cases until March 2017. The CA regulator, however, said it was pushing for amendments to the norms to help expedite action against wrongdoers in the profession. PM sought action This development comes within a...
More »The economics of Aadhaar -Sumit Mishra
-Livemint.com The Aadhaar project is a textbook example of how not to design and execute a public policy initiative in India When it was first launched in 2009, Aadhaar signalled a promise to repair the corroded plumbing of India’s leaky public delivery systems. The unique biometric identity would help reduce duplicate and ghost entries in the list of beneficiaries of government schemes, and pave the way for direct benefit transfers to them...
More »GST nets a million more taxpayers, registrations cross the 10 lakh mark -Surojit Gupta
-The Times of India NEW DELHI: New registrations under the goods and services tax+ (GST) crossed the 10 lakh mark on SaTurday, a milestone that brings cheer to policymakers who have been hoping for an increase in the tax base after the rollout of the new tax measure. "The figure of new registrations approved in GST crosses 10 lakhs today. About two lakh applications pending in process," revenue secretary Hasmukh Adhia tweeted...
More »Farms gone, but lack of jobs hurts villagers most -Shubhra Pant
-The Times of India GURUGRAM: They had given up their land in hope that the local economy would develop and create jobs that would sustain livelihoods not only for them but the next generation. Fourteen years on, no industrial project has come up on the nearly 1,600 acres of land, a massive sprawl across the villages of Gadoli Khurd, Harsaru, Khandsa, Mohammadpur and Narsinghpur, acquired by the government, farming does not happen...
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