-PTI NEW DELHI: With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said on Monday. The move will benefit around 75 lakh people, it said. The SBI's Ecowrap report further said that if the exemption limit of interest payments under Housing loan is increased to Rs 2.5 lakhs for existing home loan...
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NREGS job spike because of Housing scheme: Government -Subodh Ghildiyal
-The Times of India NEW DELHI: Eight key states logged a massive increase in demand for work under the job guarantee scheme MGNREGA this fiscal, an increase that is seen as astronomical in the history of the programme. Three other states saw high demand during the earlier part of the year but have registered a sharp fall in later months. Still, the annual demand for work under MGNREGA is projected to stay...
More »Why farmers don't have electoral clout -Avik Saha and Yogendra Yadav
-Down to Earth Although farmers vote at least as much, if not more than industrial workers or urban middle classes, elections are not fought around farmers' issues Elections are about numbers. Democratic politics is about stitching together a majority. So, the larger a group, the bigger is its “vote bank”, and greater is its electoral clout. A social group that constitutes a majority can therefore dictate its terms in an electoral democracy....
More »Rs 2 trillion earmarked for 90 smart cities, work on 77 started: Govt
-IANS So far 77 Smart Cities, including 11 of the Round 3 cities, had formed their Special Purpose Vehicle New Delhi: An investment of Rs 1,91,155 crore has been proposed for the 90 cities under the Smart Cities project, Urban Development Minister Hardeep Puri said on Monday, a day after Congress President Rahul Gandhi said only seven per cent of funds for the project had been used. An official statement issued on Monday...
More »Centre to dole out Rs 10,000 crore incentive for municipal reforms -Dipak K Dash
-The Times of India NEW DELHI: The Centre will dole out the biggest ever incentive of Rs 10,000 crore to municipalities and states in the next two years to push urban reforms. The Housing ministry has put up the proposal before the Cabinet for approval. The ministry had introduced parameters for competition among states and municipalities last year and Rs 900 crore in incentives was disbursed based on their performance for two...
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