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Axe on grants for poor -Basant Kumar Mohanty

-The Telegraph Scholarship pool for OBCs, minorities reduced New Delhi: The pool of poor schoolchildren from the Other Backward Classes  and religious minorities who are eligible for two Government scholarships has been drastically cut short from this year. The Centre has revised two schemes — the Pre-Matric Scholarship for OBCs and the Pre-Matric Scholarship for minorities — by limiting eligibility to students of Classes IX and X, and only those enrolled in...

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Is the RTI Act fulfilling its purpose? -Sonikka Loganathan

-The Hindu The Right to Information (RTI) Act was passed by Parliament in 2005, aiming to give people access to the records of the Central and State Governments. It was a vital reform to help activists and individuals ensure transparency and accountability in governance. In a discussion moderated by Sonikka Loganathan, Anjali Bhardwaj and Saurav Das take stock of what’s working and the issues that appear to be weakening the law....

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Stop PMGKAY, Release Food Grains to the Open Market -Siraj Hussain

-TheWire.in Prudence demands that allocations under PMGKAY are not extended beyond December 2022 and food grains are released in the open market. How important is professional advice to the Government? This question crops up from time to time as the capability of Government to deliver high growth of 7-8% per annum is challenged. The question will be answered in two weeks from now. Dr Ramesh Chand, member, Niti Ayog and one of the...

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Centre cuts windfall tax on domestic crude oil by 65%

-PTI/ The Telegraph    The levy on crude down to Rs 1,700 per tonne from Rs 4,900, as per order coming into effect Friday New Delhi: The Government has slashed the windfall profit tax levied on domestically-produced crude oil as well as on export of diesel and ATF following a drop in global oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural...

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Why are India’s slowing exports a cause for concern? -K Bharat Kumar

-The Hindu How are other export-dominated countries faring? Why is the Government optimistic that domestic demand will counter the effects of declining exports? The story so far: India’s exports declined about 16.7% in October compared with the year-earlier period. This is the first slide reported for any month since February 2021. October imports rose at a much milder pace than earlier, most likely because of softening commodity prices worldwide, and trade deficit...

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