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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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SBI's Budget 2018 pitch: Increase income tax exemption limit to Rs 3 lakh

-PTI NEW DELHI: With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said on Monday. The move will benefit around 75 lakh people, it said. The SBI's Ecowrap report further said that if the exemption limit of interest payments under housing loan is increased to Rs 2.5 lakhs for existing home loan...

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Shock claim on wealth gap -Jayanta Roy Chowdhury

-The Telegraph New Delhi: Those who inhabit the top 1 per cent of the wealth pyramid in India own 73 per cent of the wealth generated in the country last year, an NGO has claimed. In the last 12 months, the "wealth of this elite group increased by Rs 20.91 lakh crore. This amount is equivalent to the total budget of the central government in 2017-18," Oxfam India said in a statement...

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India will be open-defecation free before Lok Sabha polls: Govt -Dipak K Dash

-The Times of India NEW DELHI: Every household in India will get a proper toilet and the entire country will be open-defecation free (ODF) much before the Modi government faces election next year, top government functionaries said. This is the biggest flagship programme led by the PM. While urban affairs minister Hardeep Singh Puri has said his ministry will hit the target a year before the October 2019 deadline, the sanitation ministry...

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