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Diluting a law by TK Rajalakshmi

The Law Commission recommends making Section 498A, IPC, compoundable, and women's groups say that would affect women's interests. A REPORT of the Law Commission of India on “Compounding of (IPC) Offences” suggesting that Section 498A of the Indian Penal Code, which prescribes punishment for a husband or his relatives for subjecting a woman to cruelty, be made compoundable with the permission of the court, is fraught with several implications. The report...

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Act to monitor NREGS funds

-The Asian Age   With several controversies emerging that the funds released for the Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS) being utilised for other purposes by many state governments, the Haryana government has on Sunday made MGNREGS Fund Act to check the proper and dedicated utilisation of the funds. As per the new notification to this effect, issued by the rural development department, Haryana, funds received from the Union government and...

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PAN to be tool against tax evasion

-The Financial Express   Come next financial year, the PAN card is likely to become the most potent tool for the Income Tax Department to unearth black money, tax evasion and instances of criminal financing in the country. A recent directive of the Central Board of Direct Taxes (CBDT) to the I-T Dept has asked its officials to launch a special drive against those who have "not furnished their PAN (Permanent Account Number)"...

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Do we need the Aadhar scheme?

-The Business Standard   Its guarantee of non-duplication can have far-reaching cost benefits but it has deep design flaws that can be compromised. PRAVEEN CHAKRAVARTY Former Volunteer, Financial Inclusion, UIDAI* “Aadhaar is an unadulterated identity programme that answers the question: Is the individual who he or she claims to be?”   The word “unique”, and not “identity”, is central to the unique identity programme or Aadhaar. It may be true that the vast majority of people possess some...

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Cabbage’s cash in school of thought by Raj Kumar

At a time when paper and plastic money is the pivot of pecuniary transactions, a postgraduate in statistics from Ranchi University has turned the age-old barter system into the bedrock of a unique cradle in a hamlet on the outskirts of the capital. Students of Bhavna Vikas Vidyalaya at Konki village in Kanke block, some 20km from Ranchi, are basking in academic glory in lieu of vegetables. Yes, you heard that...

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