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Putting Kerala to work-Reetika Khera

-The Hindu Literacy has helped people in the State maximise the benefits of the rural employment guarantee scheme Kerala’s achievements have long been celebrated by development economists — high literacy rates, including among girls, low infant mortality rates and so on. There has also been a spate of writings highlighting the ills of Kerala society. Critics have pointed to the high rates of suicides and feminists have also raised difficult questions. While...

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India detects Rs 565 crore worth undisclosed income in France

-PTI Undisclosed income of Indians totalling Rs 565 crore has been detected in France, according to Income Tax authorities, indicating that the Double Taxation Avoidance Agreement is showing results.  The figure was disclosed in the information that India received from France on Indians having Bank Accounts, under the exchange of information clause of the Double Taxation Avoidance Agreement (DTAA) with the European country.  In 219 cases, the tax authorities have detected undisclosed income...

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The colour of money-Sreelatha Menon

-The Business Standard Financial inclusion in Madhya Pradesh helps the Centre's cash transfer projects It may not take a century for villages in India to get banks, and villagers to own accounts. Madhya Pradesh is paving the way for financial inclusion. The state is suddenly full of excitement about what it considers is a feat. Its rural development department has hired publicity agents to spread the word that every villager in the...

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Old diet, new recipe-Sebastian PT

-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's Bank Account in lieu of rice, wheat,...

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Extending RTI Act to public sector banks involves systemic risk-MR Umarji

-The Economic Times The main objective of the Right to Information Act, 2005, is to provide access to information in order to promote transparency and accountability in the working of every public authority. The RTI Act defines 'public authority' as anybody or authority constituted by law made by competent legislature and includes anybody owned, controlled or substantially financed directly or indirectly by funds provided by the government. While deciding the status of any...

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