-The Financial Express In a bid to curb pilferage of foodgrains in the Targeted Public Distribution System (TPDS), the Centre on Saturday asked the states to opt for direct benefit transfer (DBT) under which the subsidy component is credited to bank accounts and allows the beneficiaries to buy foodgrains from the market. However, for implementing DBT, the states must complete digitisation of beneficiary list and seed bank account details for fund transfer....
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‘No profiteering at the cost of farmer’ -Krishnadas Rajagopal
-The Hindu Land should be given back if the project does not take off: SC New Delhi: Even as several prominent private builders have come under suspicion for delayed completion of housing projects, the Supreme Court has declared land a “scarce natural resource” and forbidden the government from using its powers of compulsory land acquisition to strip poor farmers of their livelihood only to transfer such land to private builders to feed...
More »Aadhaar helped plug Rs 27,000 crore leakage in FY16
-The Times of India NEW DELHI: Usage of Aadhaar for direct benefit transfer (DBT) has led to savings across several government welfare schemes, including Rs 27,000 crore in PDS, LPG distribution and MNREGS. At a review meeting on the progress of DBT, PM Narednra Modi was informed that in 2015-16, Rs 61,000 crore was distributed to over 30 crore beneficiaries using DBT. The PMO said over 1.6 crore bogus ration cards have been...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
More »At The Margins -Lola Nayar
-Outlook Is the devolution of national funds to states really worth the praise? * Share of the states in the divisible pool of central taxes has risen from 32% to 42% for five years till 2019-20 * Rise in untied funds transferred is accompanied by cut in Central assistance for state plan spending * Limited ability of the poorer states to expand their fiscal space with own revenue collection * Funds for rural development...
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