-The Hindu The AAP will hope that the Assembly polls are a referendum on its government’s work Delhi, the Union Territory (UT) that hosts India’s capital city, might lag behind several States in total population and in area, but it enjoys outsize significance in terms of media and political attention. With 1.47 crore electors spread across the largely metropolitan national capital region and its pockets of rural voters in some suburbs, Delhi...
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How social Transfers help poor cope with risk -Surbhi Bhatia
-Livemint.com Using India’s Public Distribution System (PDS) as a case study, new research shows social Transfers may reduce labour supply, but increase wages A common belief about social Transfers is that they make their recipients lazy, decrease labour supply and do not reduce poverty. According to research that examines India’s largest social Transfer programme, the public distribution system (PDS), social Transfers indeed reduce labour supply but this increases wages and alleviates poverty. In...
More »Centre pushes for Transfer of Sebi's surplus into its accounts -Rajeev Jayaswal
-Hindustan Times Sebi and some of the other regulators initially opposed the plan, citing concerns about loss of autonomy, but the government wants to go ahead with its plan, and finalise the Transfer before the next budget is presented on February 1, 2020. New Delhi: The government is pushing ahead with its plan, underlined in Union Budget 2019, to Transfer 75% of market watchdog Securities and Exchange Board of India’s (Sebi) surplus...
More »Universal basic income can boost consumption instead of I-T cut: Arvind Subramanian -Gireesh Chandra Prasad
-Livemint.com * 'If you want to boost consumption, it has to be a direct benefits Transfer or a universal basic income, not a personal income tax cut,' the former CEA said in New Delhi * Subramanian said that India has infused quite a bit of capital into stressed state-run banks and any further capital infusion should be linked to reforms New Delhi: A universal basic income, rather than a cut in the tax...
More »Govt agencies get wide powers to call for personal data in privacy Bill -Karishma Mehrotra
-The Indian Express In another significant departure from the draft Bill, the Bill allows personal data to be stored and processed abroad, without requiring a mirror of the data in India. The Personal Data Protection Bill listed to be introduced in Lok Sabha on Wednesday has allowed Transfer of certain types of personal data overseas, but has given broad powers to government agencies to collect personal and sensitive data of citizens. An earlier...
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