-The Hindu Business Line Going by the experience worldwide, it is unlikely to generate jobs in the formal sector Changes in land and labour laws are the two most important components of the second generation of economic reforms. Since early 1990, a slew of economic reforms have been initiated in almost all sectors. However, the governments in power from 1990 through 2014 did not introduce radical changes in the prevailing land and...
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Govt tied in knots over odd-even data -Damini Nath
-The Hindu New Delhi: No lessons were learned; in fact it is unlikely that any can be learned from the Delhi Government’s odd-even experiment earlier this month as air quality data from the 15-day period has thrown up inconclusive results. After being pulled up by courts for Delhi’s abysmal air quality, the government had announced on December 4, 2015, that it would conduct an experiment to reduce vehicular traffic, thereby reducing pollution....
More »Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »SC calls for space on Metro for rich -R Balaji
-The Telegraph New Delhi: The "Mercedes" class left squirming by Delhi's odd-even car rationing today received sympathy from the Supreme Court, which suggested that Metro trains earmark premium seats where the affluent can sit "dignified" at a price. "Mr Kumar, car owners who are coming (to the Delhi Metro), they must get some space to sit," Chief Justice T.S. Thakur told solicitor-general Ranjit Kumar, appearing for the Centre in a case filed...
More »SC says ban on diesel vehicles of over 2000 cc will continue in Delhi
-Hindustan Times New Delhi: The Supreme Court said on Tuesday a ban on the sale and registration of diesel vehicles with engine capacities of 2,000 cc and above in the national capital region will continue as it heard a plea by automobile manufacturers seeking a modification of its order. Senior advocates Abhishek Manu Singhvi, Kapil Sibal and Gopal Subramaniam were representing Mahindra and Mahindra, Mercedes and Toyota seeking modification of its December...
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