-The Times of India In a major setback to special economic zone (SEZ) developers, finance minister P Chidambaram has turned down the commerce department's plea to cut the minimum alternate tax (MAT), which was imposed two years ago. A lower or no tax burden was cited as one of the main drivers for boosting investment in what were until recently duty-free enclaves. The commerce department had made a case for reversing Chidambaram's...
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A scheme for the poor, not a poor scheme-Neelakshi Mann and Varad Pande
-The Indian Express Of late, there has been much public debate around the effectiveness of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), particularly on its targeting of the poor and the socioeconomic profile of its beneficiaries (most notably in this newspaper). It is important to look at these claims closely, not as much to counter them but as to present the real picture that has been undermined by often-unsubstantiated...
More »My mother deserves pardon if Dutt does: blasts convict's daughter -Mohan K Korappath
-The Hindustan Times Daughter of 1993 blasts convict Zaibunnisa Kazi, Shagufta, is set to pull out all stops to try and prevent her mother from going back to jail. In wake of the hue and cry over support for actor Sanjay Dutt from the crème de la crème of the society, Shagufta entered into the fray arguing that if Dutt could be pardoned, so could her mother, as both had been convicted...
More »CAG raps AP government over financial management
-PTI HYDERABAD: A day after the Chief Minister remarked that observations of CAG were "not scriptures", the public auditor picked many holes in Andhra Pradesh government's budgeting process and financial management even as it praised the state for achieving fiscal reform targets. In its report on the state finances for 2011-12, the CAG rapped the government for failing to ensure proper utilisation of allotted funds, particularly on capital works, resulting in staggering...
More »Whitewash, but no lessons
-The Business Standard Govt must recognise that RTE is not working as it should There is little doubt that one of the most crucial tasks of the Indian state at present is to ensure that its young people receive an education sufficient to meet their aspirations. Given India's demographic profile, it could well end up with an under-educated generation if it does not scale up its educational infrastructure and effectiveness of policy....
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