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Fixed deposits earning you negative returns-Mayur Shetty

-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...

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Social Protection Can Help Overcome Poverty and Hunger -Jomo Kwame Sundaram

-IPS News ROME: The growing consensus, momentum and commitment to eradicate world hunger may seem overly ambitious in view of the slow progress in reducing the number of hungry people in the world in recent decades. After all, declining food prices in the second half of the 20th century, thanks to increasing production, were not enough to eliminate poverty and hunger in the world. In the 1960s and 1970s, many governments invested a...

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Food security: How the states feed India

-The Indian Express Trendsetters & tweakers Act one Chhattisgarh already has a food security law in place. It became last December the first state to pass a food security bill, which covers several sections not under existing schemes. The Act makes food entitlement a right and depriving anyone of that an offence. If PDS grains, for instance, are being diverted, the officials involved will face penal provisions. The Act also seeks to empower women...

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Six people who pulled strategic levers to open up political parties' finances -Soma Banerjee

-The Economic Times If India is now debating opening the books and operations of political parties to the public, it's because of these six people who pulled strategic levers and applied relentless pressure. Soma Banerjee traces a four-year effort that converted intent to action Balwant Singh Khera, a politician from Hoshiarpur in Punjab, is not a name that will strike a chord in mainstream politics or social discourse today. It might in...

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Press Release: Political Parties brought under RTI Act; Full Bench CIC directs them to provide information under RTI

-Press Release of Association for Democratic Reforms (ADR) On 3rd of June 2013, a full bench of Central Information Commission (CIC) comprising of Chief Information Commissioner Shri. Satyananda Mishra and Information Commissioners Shri. M.L. Sharma and Smt. Annapurna Dixit gave a landmark judgment where they ruled in favor of bringing Political Parties under the ambit of Right to Information Act (RTI). In October 2010, Association for Democratic Reforms (ADR) filed RTIs...

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