-The Hindu Business Line   Wants PAN used in payments over ₹1 lakh, cap on amount of cash a person can keep Income Tax authorities have traced about ₹4,500 crore in undisclosed money in bank accounts overseas, a Special Investigation Team (SIT) probing the matter said in its second report to the Supreme Court. The report, released on Friday, said investigations are pending in 33 cases involving an amount of ₹14,957.95 crore, and that...

-The Hindu The clean-up of the plant is pending due to legal disputes Thirty years after India's worst industrial disaster in Bhopal, contamination owing to the leakage of poisonous gas from the Union Carbide pesticide factory continues to affect residents. The leak of 40 tonnes of methyl isocyanate on the intervening night of December 2 and 3, 1984, killed thousands of people in its immediate aftermath and continued to kill people in the...

-The Times of India Over two crore households have been denied work under the fund-starved rural job guarantee scheme in the past eight months. This is a direct result of the deep cuts in funding of the scheme and various other changes initiated by the Modi government. With the employment situation still dire and the new government's long-term efforts to catalyze industrial growth still on the drawing board, the failure of...

-The Business Standard Scheme faces pincer attack with a proposed higher proportion of expenditure on material, reducing the budget available to pay wages The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) faces a pincer attack under the National Democratic Alliance (NDA) government, with parallel moves promising to shrink and mutate the nature of the scheme. Two of the moves have been revealed - a proposed higher proportion of expenditure on material,...

-Outlook In addition to amending the Rules of the Forest Rights Act, greater attention needs to be paid to changing the Land Acquisition Act   There is no explicit provision in the Forest Rights Act, 2006 for obtaining permission of the Gram Sabha for diversion of forest lands to non-forest purposes. However, Section 4(5) of the Act prevents government to evict any forest dweller unless the recognition process as provided in the...