-The Indian Express Twelve states presently show a negative balance with long overdue unpaid wages, threatening the continuation of the scheme. Despite the recent revival, there is crisis looming for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) as the Rural Development Ministry has exhausted more than 95 per cent of its budget provision for the scheme. The fund squeeze has forced Rural Development Minister Birender Singh to write to Finance...
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Cess proceeds in a black hole
-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...
More »In Drought-Struck Odisha, Aid Fails To Stop Farmers Suicides -Tazeen Qureshy
-NDTV In Drought-Struck Odisha, Aid Fails To Stop Farmers Suicides Khurda, Odisha: After her husband Abhimanyu, a 52-year-old farmer in Odisha's Khurda district, committed suicide by consuming poison last month, Pratima Baliarsingh is yet to recover from the trauma. Pratima, 45, now has to repay an almost two lakh rupee-loan that her husband took from various banks and villagers. The district administration gave her a cheque of Rs. 20,000 after her husband's death but...
More »SC agrees to Rs 1,300 tax on polluting trucks -Dhananjay Mahapatra
-The Times of India NEW DELHI: In a bid to reduce the capital's high air pollution levels, the Supreme Court on Friday said it would order levying of a pollution tax of Rs 1,300 on heavy trucks and Rs 700 on light commercial vehicles to deter the smoke-spewing vehicles from entering the city. The court said it would pronounce the order on Monday and review the pollution situation in four months. The...
More »Banks killed road sector: official -TCA Sharad Raghavan
-The Hindu Bubble createdby them resulted in high NPAs Banks caused a bubble, failed to do due diligence and lent more than what was warranted to developers, and this has led to the high Non-Performing Assets (NPA) arising out of the road sector, Road Secretary Vijay Chhibber told The Hindu in an exclusive interview on Wednesday. “The banks have killed the road sector,” he said. “There was a bubble because the banks would...
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