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I-T Deptt Probing Black Money Cases: CBDT

-Outlook The Income Tax Department today said it is investigating cases of black money holders on the basis of information furnished by foreign countries and will initiate prosecution proceedings wherever required. The department has taken a similar action against those individuals who figured in the LGT bank accounts list. "These cases are spread across the length and breadth of the country according to the Assessing Officers (AO) having jurisdiction. "They (AO) are quasi-judicial authorities...

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Heard of the ‘Bangladesh shining’ story?-Jairam Ramesh, Varad Pande & Pranjul Bhandari

-The Hindu The country has shown that it is possible to have superior social outcomes at lower per capita incomes and rates of economic growth Bangladesh is very much in the news these days in our country, but for the wrong reasons. In the unfortunate Bangladesh-bashing that seems to have become somewhat of a pastime, we seem to have failed to notice the striking developmental success that it has had in the...

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‘FDI in retail sector will help farmers’

-The Hindu They will be able to secure a premium price for their produce, says Chief Minister Chief Minister N. Kiran Kumar Reddy on Wednesday said foreign direct Investment (FDI) in the retail sector would help farmers secure a premium price notwithstanding the controversy surrounding the Central policy matter. Addressing a meeting after inaugurating a godown at the Agriculture Market Yard here, Mr. Kiran Kumar Reddy said an Investment of Rs. 500 crore...

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Add clean fuel to the fire -Anjali Nayyar and Brian Wahl

-The Hindustan Times It is a matter of great concern that a large number of Indians still rely on inefficient and unhealthy energy sources. Approximately 80% of Indians cook and heat their homes with biomass fuels —largely wood and animal waste. This has a tremendous negative impact on people's health and the environment. Experts estimate that about 3.5% of India's total disease burden can be attributed to indoor air pollution resulting...

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Commerce ministry to move cabinet note to check export ban on processed food-Amiti Sen

-The Economic Times The commerce ministry will soon move a Cabinet note seeking to allow unrestricted exports of processed food, as it tries to skirt frequent squabbles between ministries over export of farm products. "We have just started working on the note following discussions on the issue with key ministries, including that of food processing," an official told ET. The note will be circulated to all ministries concerned for their comments, the...

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