-The Times of India Bringing India's external intelligence agency, Research and Analysis Wing (RAW), at par with international spy agencies in terms of arming it with legal snooping powers, the government recently notified it as one of the eight agencies to intercept phone calls, emails and voice and data communications 'domestically'. The other agencies in the list are Intelligence Bureau, Directorate of Revenue Intelligence, Enforcement Directorate, Narcotics Control Bureau, Central Bureau of...
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Tax exemptions for rich costs govt Rs 4.6L cr
-The Times of India The subsidy for the poor is dwindling, but this has not deterred the government from lining up corporate houses' pockets. Last year, the Centre gave away potential revenue of Rs 4.6 lakh crore on account of various tax exemptions and incentives to industrialists, compared to the Rs 1.54 lakh crore on subsidy to poor and farmers. There are direct tax incentives and exemptions to businesses in the corporate...
More »Animals also entitled to accident compensation, says Supreme Court by J Venkatesan
Award of Rs. 13.48 lakh for elephant hit by KSRTC bus upheld Observing that animals, including elephants, are entitled to compensation in road accidents, the Supreme Court has upheld an award of Rs. 13.48 lakh for the death of a temple elephant after it was hit by a Kerala State Road Transport Corporation (KSRTC) bus. A Bench of Justices B.S. Chauhan and T.S. Thakur did not agree with the contention of the...
More »Death as a way out by Jayati Ghosh
It is clearly the absence of political will rather than a paucity of ideas that is responsible for the country's agrarian crisis. EXACTLY seven years ago this month, the Commission on Farmers' Welfare, appointed by the government of Andhra Pradesh, submitted its report to the then Chief Minister, Y.S. Rajasekhara Reddy. His Congress government assumed office earlier that year replacing the Telegu Desam Party regime led by N. Chandrababu Naidu, which...
More »Rupee depreciation needs to be viewed holistically; not necessarily a 'train crash': Amartya Sen
-The Economic Times Nobel laureate and professor of economics at Harvard University, Amartya Sen believes developed world policies are worsening the global crisis and leaving emerging economies exposed. During an interaction with the press, he also said the recent rupee depreciation needs to be viewed holistically and is not necessarily a 'train crash'. Excerpts: What is your assessment of the current global situation? I think the global situation is pretty bad...
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