-The Business Standard CM has withdran 5% VAT relief on subsidized, non-subsidized cooking gas After the centre’s decision to hike fuel prices through decontrol mechanism, it is virtually double jeopardy for the people in Uttarakhand with the state government withdrawing Value Added Tax (VAT) relief on the Liquefied Petroleum Gas (LPG) cylinders. In the latest decision, chief minister Vijay Bahuguna, who is heading Congress-led coalition government in the hill state, withdrew 5% VAT...
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'Inclusive growth' will ring hollow sans universal pension, Aruna Roy tells Sonia
-The Hindu If the UPA government fails to universalise pensions for every senior citizen in the country, then it cannot claim to be a champion of inclusive growth, says National Advisory Council member Aruna Roy. In a letter to NAC chairperson Sonia Gandhi, which was handed over at Monday’s meeting, Ms. Roy has pointed out that the government’s Rs. 200 a month pension is restricted to BPL families. “For the elderly, the BPL...
More »Budgeting for failure
-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...
More »Politicians, officials clean up Rs 101 crore meant for poor -Prafulla Marpakwar
-The Times of India MUMBAI: Roiled by a rash of corruption charges, the Maharashtra government appears to be headed for deeper trouble. An investigation has unearthed the involvement of thousands of officials and politicians in a decade-old fraud, in which Rs 101 crore of public funds were siphoned off and disbursed to 1.49 lakh bogus beneficiaries. Of the numerous recipients of the Dole meant for the destitute, the probe found, 19,367...
More »Doha dithers on equity -Meena Menon
-The Hindu THE SUNDAY STORY The scientific evidence points to a warming world. That would affect human health and agriculture, but at the Climate Change Conference in Doha, many rich countries baulked at strong action. India and China lead the developing world in calling for more remedial funding. The World Meteorological Organization (WMO) times the release of its provisional annual statement with the U.N. climate negotiations. This year, it dwelt on the...
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