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Centre ought to have consulted states on terms of reference to Finance Commission: Manmohan Singh

-The Hindu Former PM Manmohan Singh says change undermines federal polity New Delhi: Former Prime Minister Manmohan Singh on Saturday remarked that the Centre ought to have consulted the State governments before introducing additional terms of reference for the 15th Finance Commission seeking to create sepaRATe funds for Defence and Internal Security. Asserting that unilateralism was not good for a federal polity and coopeRATive federalism, Mr. Singh said the best course would have...

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With auto sector in slow lane, tyre makers begin to feel pinch -Yuthika Bhargava

-The Hindu Industry is pinning hopes on steps by government on scrappage policy for vehicles and GST RATe cut to spur tyre demand While the replacement cycle till now has helped the tyre industry to mitigate the impact of the severe demand slowdown in the automobile sector, the segment — which accounts for about 50% of the tyre market — has started to fill the pinch. While the sector is somewhat hopeful of...

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Govt deal no lifesaver for Kashmir apple-growers, could leave them poorer -Azaan Javaid

-ThePrint.in Centre's procurement deal through NAFED offers Kashmir apple farmers a lower RATe than last year, while also changing the definitions of different categories Srinagar: The Centre’s decision to procure Kashmir’s apple produce to prevent distress sales amid tensions in the Valley will put farmers at a disadvantage over conventional sales, ThePrint has learnt.   With militants reportedly threatening traders against conducting business, and a public curfew in place against the decision to...

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RBI panel questions efficacy of populists schemes for farmers, in favour of more structural changes -Atmadip Ray

-The Economic Times The group is also in favour of revising the sub-target for small and marginal farmers to 10% from the existing 8% of adjusted net bank credit with a roadmap of two years. KOLKATA: A Reserve Bank of India working group on agricultural credit has questioned the efficacy of populist measures such as debt waiver and interest subsidy on crop loans, while suggesting a slew of structural changes to boost...

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A milestone in greater transparency, accountability -Madan Lokur

-The Hindu The launch of the Jan Soochna Portal in Rajasthan is a vital cog in access to the right to information The Jan Soochna Portal (JSP) launched by the government of Rajasthan yesterday is a remarkable achievement in furtherance of the right to information (RTI) — especially Section 4 of the RTI Act — that deals with proactive disclosure of information. Transparency must be accompanied by accountability, and that is where...

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