-The Times of India AHMEDABAD: Gujaratis declared a whopping Rs 18,000 crore in four months flat under the Income Declaration Scheme (IDS), about 29% of the total unaccounted money disclosed across the country. This happened between June and September 2016, before black money hogged the spotlight courtesy demonetisation and even ahead of property dealer Mahesh Shah’s disclosure of illegal income of Rs 13,860 crore. In a reply to an RTI query, the Income-Tax (I-T) department...
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Aadhaar Judgement: Supreme Court Upholds Validity But Says Don't Need to Link to Bank Accounts, Mobile Phones
-TheWire.in The court has placed strict restrictions on the scope of the project while striking down contentious provisions of the Aadhaar Act. New Delhi: The Supreme Court on Wednesday declared the Aadhaar programme and the Aadhaar Act 2016 to be constitutional, but placed strict limitations on the scope of the project while striking down several contentious provisions of the legislation including clauses that allowed sharing of data for national security purposes and...
More »'Rationalising subsidies, improving infrastructure could revive agri-sector' -Kiran Pandey
-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »MLAs declare average income of Rs. 24.59 lakh a year -Bharti Jain
-The Times of India NEW DELHI: The average annual income of MLAs in India is Rs 24.59 lakh, with Karnataka’s 203 MLAs reporting the highest average of Rs 1.1 crore and 614 MLAs from the eastern region the lowest at Rs 8.5 lakh annually. The income analysis released by ADR and national election watch on Monday shows 63 MLAs of Chhattisgarh assembly have the lowest annual average income at Rs 5.4 lakh....
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