-The Hindu Business Line Electoral Trusts bring some transparency to India Inc’s donations to parties, but more needs to be done New Delhi: India Inc makes big donations to political parties, but very little is made public on the amount or to whom it is given. Electoral Trusts revealing such data were expected to bring in more transparency. A change in income-tax rules in January 2013 paved the way for the setting up...
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‘FCI labourers earn Rs.4.5 lakh a month’
-The Hindu The Supreme Court on Friday expressed shock at the revelation that labourers at the Food Corporation of India (FCI) earned a whopping Rs. 4.5 lakh as monthly wages, considerably more than the salary of the President of India. A Bench led by Chief Justice T.S. Thakur said the revelation was an example of the “malpractices” in the FCI system. The Bench was hearing an appeal filed by the FCI Workers’...
More »Think different on infrastructure
-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
More »From plate to plough: A new budget in the new year -Ashok Gulati
-The Indian Express The farmers are under severe stress, with profitability in farming falling alarmingly. FY17 budget must boldly address the agriculture crisis. Finance Minister Arun Jaitley and his team are beginning pre-budget consultations with various stakeholders for the upcoming FY17 budget. Generally, the consultations start with agriculture, slated for January 4. It’s good practice and courteous to invite farm experts and farmers’ representatives. Often, one finds these meetings full of anguish...
More »Govt readies Aahar for one lakh people -Subhashish Mohanty
-The Telegraph Bhubaneswar: The Naveen Patnaik government has decided to extend the cheap lunch scheme - Aahar - to all the district headquarters and 16 select urban local bodies from March 1. The government now plans to provide the cheap meals to nearly one lakh people across the state in the first phase, sources said. The move will coincide with the launch of centenary celebrations of Biju Patnaik. Final touches to the plan...
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