-PTI NEW DELHI: Finance minister Arun Jaitley today ruled out farm loan waivers by the Centre but said states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. "This issue (loan waiver) has cropped up in several states. The Centre has its policies for agriculture sector under which we provide interest subvention and other...
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Build Separate Crematoriums For Dalits: Gujarat Assembly Panel
-PTI The Gujarat government should build separate crematoriums for Dalits in those villages where the community is still facing problems, the Scheduled Castes Welfare Committee of the Gujarat Assembly has suggested. The Assembly panel, which serves as the watchdog of welfare schemes being run by various government departments for SCs in Gujarat, also recommended reservation system for the recruitment in self Financed colleges in Gujarat. These suggestions were made in two of the...
More »Cash Transactions Should Be Capped At 2, Not 3 Lakhs, Says Government
-NDTV In his budget presented in February, Finance Minister Arun Jaitley had said cash transactions would be capped at three lakhs. The government wants to reduce the limit to two lakhs. Cash transactions of more than two lakhs will be considered illegal and penalised, the government has proposed today. In the government's annual budget presented in February, Finance Minister Arun Jaitley had said cash transactions would be capped at three lakhs. In...
More »Aadhar to be made mandatory for filing I-T return, applying for PAN card
-The Times of India/ PTI NEW DELHI: The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account number (PAN). The new proposal has been made through an amendment to the Finance Bill. Recently, the I-T department had announced a mobile app for paying taxes and tracking of refunds. It had also said it was considering issuing PANs on real time basis using Aadhaar...
More »MGNREGA lesson for universal basic income: Once introduced, there's no going back -Aurodeep Nandi
-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
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