-Scroll.in The author of a paper published by a research institute under the Ministry of Finance expands on its conclusions. The drying up of cash has thrown the lives of millions of Indians in disarray. But many facing hardship support the government’s move. In Barabanki, Uttar Pradesh, a farmer who did not have cash to buy seeds and fertilisers, said, “Now when rich people deposit money in the bank, the income tax people...
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Pro-rural push on govt agenda -Sanjeeb Mukherjee
-Business Standard To connect with villages to highlight two years' achievements To commemorate two years of its rule, the Narendra Modi government is planning to penetrate deep into the hinterland, rural areas and Tier-2 towns with a balance sheet of its achievements. Officials said though much of the plan is still in the works, the thrust is to take the message to the grassroots. The rural engagement programme might not be limited to...
More »Unequal by birth: time to break the vicious cycle -K Srinath Reddy
-The Hindu We cannot permit gross inequality-linked deprivation to leave its malign signature on the lives of those who are yet to come. As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of the markets and financial speculation, and by attacking the structural causes of inequality, no solution can be found for the world’s problems. Inequality is the root of social ills. —...
More »Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
More »Centre unveils package to tackle rural distress --Elizabeth Roche, Saurabh Kumar and Utpal Bhaskar
-Livemint.com MGNREGS work days increased to 150 from 100; Rs.5,142 cr rurban project to create 300 smart village clusters New Delhi: The National Democratic Alliance (NDA) government on Wednesday unveiled a package of measures to combat rural distress in the backdrop of a below-average monsoon rainfall. The Union cabinet decided to increase the number of days of employment under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) from the existing 100...
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