IRONY RUNS its play every year in India as food grains rot in godowns while 23 crore people go hungry every day. GOI Monitor talks to food and trade policy analyst Devinder Sharma on the issues stalking agriculture and public distribution One of the reasons for surplus food not reaching the needy is that states are not picking up the grain. Why is this happening? Food grain procurement and distribution is...
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A Stick Called 124(A)-Panini Anand and Debarshi Dasgupta
The State finds a handy tool in a colonial law to quell dissent Wrong Arm Of The Law Why ‘sedition’ rings hollow in India 2012 The law Section 124(A) of the Indian Penal Code, 1870; non-bailable offence The definition Whoever by words, either spoken or written, or by signs, or by visible representation, or otherwise, brings or attempts to bring into hatred or contempt, or excites or attempts to excite disaffection towards the government...
More »Complex system of patronage, corruption blunts India’s efforts to help the poor out of poverty-Minhaz Merchant
-The Economic Times The Rae Bareli seat in Uttar Pradesh has been a Gandhi family bastion since 1967 when Indira Gandhi first stood for election from there. Sonia Gandhi adopted the constituency in 2004 and was re-elected with a huge majority in 2009. It should, therefore, be one of India's most developed districts. Right? Wrong. The Hunger and Malnutrition, or HUNGaMA, survey, released by the Prime Minister earlier this year, was...
More »World Bank urges India to make PF must for formal staff-Vikas Dhoot
-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...
More »No PAN needed for people outside income tax bracket: Karnataka High Court-M Padmakshan
People with income below taxable limit need not furnish Permanent Account Number (PAN), the Karnataka High Court ruled. The High Court order came as a relief to thousands of individuals who are asked to provide PAN despite having income below the taxable limit. Section 206 AA of the Income-Tax Act, which became effective from assessment year 2010-11, makes it mandatory for every person to furnish PAN in their transactions with...
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