Around 100 cooperative sugar mills in Maharashtra have lost one round of a battle on income tax (I-T) arrears dating back to 1992-93, with an appellate authority rejecting their argument on dues. If the decision, by the commissioner of income tax (appeals), is not appealed again, the mills may have to pay Rs 2,500 crore in arrears. Vijaysinh Mohite-Patil, chairman of the Federation of Cooperative Sugar Factories in Maharashtra, told Business Standard:...

West Bengal Chief Minister Buddhadeb Bhattacharya has courted another controversy by remarking on child labour. "We can't ask them to stop work because that will affect their families' source of income." The West Bengal Chief Minister is courting controversy with a statement saying it is not practical to ask children to stop working - this four years after child labour was officially banned across India. The best that can be done he...

NRHM needs to revitalise systems, monitor their functional performance and investigate their impact on the indices of health. The National Rural Health Mission (NRHM) was launched in 2005 to bring about a dramatic improvement in the health system and health status of people in rural India. It seeks to provide universal access to health care, which is affordable, equitable, and of good quality. It aims at making architectural corrections to basic...

Barely weeks after firefighting the controversy over a central minister trying to influence an HC judge, former chief justice of India K G Balakrishnan has come under the spotlight again. Demands have emerged from several quarters for a probe into the assets of Balakrishnan's son-in-law, P V Sreenijan, an advocate and a leader of the Youth Congress in Kerala. The move comes in the wake of reports claiming a "baffling increase"...

Even as the media celebrate the Mercedes Benz deal in the Marathwada region as a sign of “rural resurgence,” the latest data show that 17,368 farmers killed themselves in the year of the “resurgence.” When businessmen from Aurangabad in the backward Marathwada region bought 150 Mercedes Benz luxury cars worth Rs. 65 crore at one go in October, it grabbed media attention. The top public sector bank, State Bank of India,...