-Outlook Following are the highlights of interim budget 2014-15: Income tax rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...
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Spending on subsidies surged, education and health lagged during 10 years of UPA -Sidhartha
-The Times of India NEW DELHI: When finance minister P Chidambaram presents his first interim budget on Monday, he is expected to devote a significant chunk of his speech - which may be between 12 and 18 pages - to UPA government's spending on social sector schemes, especially health, education and rural development. But what is probably going to slip through is the fact that these sectors actually witnessed a comparatively...
More »Between 2010 and 2012, pace of job creation was slowest in a decade -Chetan Chauhan
-The Hindustan Times A sea of young people on a Delhi Metro last week offered a glimpse into the despair within young India. Most had taken the train from Delhi University — a hub of students from across the country — to the heart of the city, to take a test and apply for a job with a national bank. But there were only a few thousand vacancies — and 100,000 youngsters...
More »Impose 30% cess on diesel Cars, panel tells Supreme Court -Dhananjay Mahapatra
-The Times of India NEW DELHI: Senior advocate Harish Salve startled the Supreme Court on Monday by presenting a report which established a direct link between death of 3,000 children annually in Delhi to the increased pollution level attributable mainly to more diesel Cars on the roads. Salve said subsidized diesel price was almost at par with CNG, leading to a massive increase in sale of diesel Cars. As a result, emissions...
More »The politics of particles -Sunita Narain
-The Business Standard Chulhas - cook stoves of poor women who collect sticks, twigs, leaves and every other biomass material they can find to cook meals - are today at the centre of failing international action. The concern is that women are breathing toxic emissions from the stove and that these same emissions are also adding to the world's climate change burden. The Global Burden of Disease Study 2010 established that...
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