In line with finance minister Pranab Mukherjee’s budget announcement on Monday that the government is looking at direct cash transfers as an alternative to the current subsidy on kerosene and fertilizers and to prevent leakages, the Unique Identification Authority of India (UIDAI) is planning to open Aadhaar-linked Bank Accounts for the purpose. These can be used for other financial transactions as well. The authority is in the process of empanelling banks...

Would you rather buy a necessity like kerosene or food grains at a subsidy or receive an equivalent amount of cash instead? Would you prefer that the government decides your consumption pattern rather than figuring out on your own how to spend your income? One of the “big ticket” reform items in the budget was the announcement that subsidies on kerosene, fertilizers and Liquefied Petroleum Gas and delivery through the Public...

Often criticised for lapses in the past, Uttar Pradesh is now credited for it's initiative to implement the Centrally-sponsored Mahatma Gandhi National Rural Employment Guarantee Scheme successfully in the state. "I could see the increasing participation of people in it (MGNREGS) and the openness to reforms on the part of the government," said a Planning Commission member, Mihir Shah after attending a state-level discussion held here on Wednesday titled 'MGNREGS in...

The Union budget writes off Rs.240 crore in corporate income tax every single day on average — the same amount leaves India each day in illicit fund flows to foreign banks. In six years from 2005-06, the Government of India wrote off corporate income tax worth Rs.3,74,937 crore — more than twice the 2G fraud — in successive Union budgets. The figure has grown every single year for which data are...

A ward member in Vilappil panchayat in Thiruvananthapuram was allegedly gifted a gold bangle by the women engaged in National Rural Employment Guarantee Scheme (NREGS) in her ward. A male member in one of the adjacent wards received gifts ranging from a gold ring to footwear. All as thanksgiving for work offered to the women under NREGS. This is just one of the many shocking revelation s which were revealed in...