-Outlook Following are the highlights of interim budget 2014-15: Income tax rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...
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Unkept promise -TK Rajalakshmi
-Frontline The tussle within some Central government Ministries over proposed cuts in the budget for rural development schemes has affected a promise made to senior citizens. THEIR wizened faces said it all. Though there was disappointment, there was also a glimmer of hope that their trek to the national capital would not go in vain. For almost a month, senior citizens, most of them poor, had been pouring into New Delhi from...
More »No rethink on subsidised LPG: Moily
-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
More »Should Aadhaar be made mandatory?-Jyoti Mukul
-The Business Standard A Supreme Court interim order says it should not, but the issues involved may not be quite so clear cut Even as the Supreme Court sits to hear arguments on the applicability of the unique identification number, popularly known as Aadhaar, the debate around the unique identification number has already shifted from its success or reach to whether it should be mandatory. In an interim order, the apex court...
More »Prices rise, not hunger -Jitendra
-Down to Earth People prefer to eat less nutritious food than go hungry, says FAO GLOBAL CHRONIC hunger has declined significantly despite sharp increases in the prices of primary food products since 2008. Price hikes have limited effect on consumers, states Food and Agriculture Organization (FAO), in the report, The State of Food Insecurity in the World. According to FAO, chronic hunger is when a person does not regularly get enough food to...
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