-The Business Standard Team set up after movement began under Aruna roy, activist Baba Adhav 2 years ago demanding universal pension as a right for all A task force set up by the Government to look into reforms in pension for the unorganised sector has recommended universal pension for those below the poverty line, and a target of covering them in the next five years. It also recommended a slight increase in pensions...
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Budget 2013: Super rich to pay more but no changes in income tax rates or slabs
-CNN-IBN Finance Minister P Chidambaram plans to get more income for the government by taxing the super-rich and the corporate sector even though he left untouched income tax rates and slabs. Chidamabaram allowed some relief for those who earn between Rs 2-5 lakh per year by announcing that they would be granted a tax credit of Rs 2000 and left most of the items untouched by not tinkering too much with...
More »Rural job scheme to help railways expand
-The Business Standard Railway engineers would help gram panchayats in developing estimates of the work and in training workers Union Railway Minister Pawan Kumar Bansal today announced a partnership between Indian Railways and the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in his budget speech. "I thank (Minister of Rural Development) Jairam Ramesh for agreeing to the railways' request to partner in some of the rail-related activities under MGNREGS," he said. Bansal...
More »Food for all, by law not largesse-Akshai Jain
-Tehelka The National Food Security Act is probably going to undergo many changes before it is presented in Parliament. But everyone seems to agree that it’s time has come Towards the end of January, a few days after Republic Day and a little over a week after the Congress’s conclave in Jaipur, large half-page advertisements appeared in major newspapers: “Celebrating the 63rd year anniversary of our Republic by putting food on everybody’s...
More »Lean, mean scheme -Richard Mahapatra
-Down to Earth Budget to start process of reforming Central rural schemes, 45 years after first demand India’s rural development programmes are in for an overhaul. After the approval of the 12th Plan by the National Development Council (NDC) on December 27, 2012, the government has started restructuring of the behemoth called Centrally sponsored schemes (CSSs). In the Plan (2012-17) the Centre has committed Rs 541,276 crore for CSSs covering rural development,...
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