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Last straw on the fisc back by Soumya Kanti Ghosh & Rajiv Kumar

The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...

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Silent Report by Prabhat Patnaik

In a report released on January 30, and covered by the world’s press the next day, the United Nations has warned of a severe resource crisis that would overtake the world if current trends persist. A growing population and a rise in the number of middle-class consumers will increase the demand for resources so rapidly that even by 2030 the world will need at least 50 per cent more food,...

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Soon, govt will keep track of where every mobile user is by Atideb Sarkar

The government is looking to track all mobile phone users. As per amendments made to operators’ licences, beginning May 31, operators would have to provide the Department of Telecommunications real-time details of users’ locations in latitudes and longitudes. Documents obtained by The Indian Express show that details shall initially be provided for mobile numbers specified by the government. Within three years, service providers will have to provide information on locations of all...

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UIDAI next focus on services and applications

-The Business Standard   Having enrolled 200 million Indian citizens for Aadhaar, the Unique Identification Authority of India (UIDAI) is now taking the initial steps to the services route. UIDAI chairperson Nandan Nilekani said that they have started two pilots that will allow the oil industry to bring in transparency in LPG Transfer and the use of Aadhaar for getting mobile connectivity. UIDAI is running a pilot in Mysore using the Aadhaar platform for...

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Govt moves to block terror finance route by Gaurav Choudhury & Sanjib Kr Baruah

-The Hindustan Times The government is pushing for making it mandatory for recipients of funds from abroad to clearly identify themselves. The reason: intelligence agencies caution that some small money transmission agents are funneling funds for terror activities. As recording all recipients’ photographs has been found cumbersome, the authorities, on the RBI’s advice, may demand Aadhar unique ID numbers — after the numbers are made available — even from individuals receiving less than...

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