-The Telegraph The committee said, “The absence of reliable and authentic data/information on the numbers of migrant workforce and their movement back to their home States following the outbreak of the Pandemic has apparently impacted the relief and rehabilitation measures.” Commending the National Rural Employment Guarantee Scheme, a parliamentary standing committee has said that there is no “better scheme” to provide “sustainable livelihood” to unskilled workers. The Standing Committee on Labour, headed by...
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Lessons from Champaran -SN Sahu
-The Telegraph Gandhi’s first satyagraha for the cause of farmers stands in sharp contrast to the passage of the three farm laws today Mahatma Gandhi’s first satyagraha in India was launched in Champaran in 1917 to save farmers from the exploitation of British indigo planters — the corporates of that era engaged in contract farming. The protest bears close resemblance to the farmers’ agitation against the three farm laws that were framed...
More »NK Singh, chairman of the 15th Finance Commission, interviewed by Zia Haq (Hindustan Times)
-Hindustan Times The chairman of the 15th Finance Commission, NK Singh, spoke to Zia Haq about the final report of the Commission for 2021-26 which has now been made public. Edited excerpts. The Constitution, through Article 280 to 281, provides for finance commissions every five years as a mechanism for sharing of taxes and revenues vertically between the Centre and states; and horizontally among all states, based on levels of development, demographic...
More »Over 2.9 lakh cyber security incidents related to digital banking reported in 2020: Dhotre
-PTI/ The Hindu The Minister of State for Electronics and IT Sanjay Dhotre noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce has also expanded the scope of digital payments. Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020, Parliament was informed on Thursday. As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 1,59,761;...
More »Fiscal transparency jacks up ‘expenditure’ numbers in the Union Budget 2021-22
In order to understand why the Union Budget 2021-22 is being termed as ‘transparent’, it has to be read simultaneously with the 15th Finance Commission Main Report for 2021-26. But first, let us discuss 'fertilizer subsidy'. The budget documents for Union Budget 2021-22 show that the spending on ‘fertilizer subsidy’ was slashed from Rs. 1,33,947 crore in 2020-21 (revised estimate) to Rs. 79,530 crore in 2021-22 (budget estimate). However, the budgetary...
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