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Rs. 1.4 lakh crore cess money lies idle -TCA Sharad Raghavan

-The Hindu The funds collected can be used only for the designated purpose and cannot be diverted More than Rs. 1.4 lakh crore of funds collected by the government under various Cesses for purposes as varied as higher education, road development and the welfare of construction workers are lying unutilised, shows an analysis by The Hindu of a Comptroller and Auditor-General report on government finances and answers by Ministers in the Lok...

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States recommend new Cesses to fund Swachh Bharat initiatives

-Hindustan Times For a Clean India, be prepared for higher fuel and phone bills. A group of chief ministers has recommended a cess on petroleum products, telecom services and waste generated by mineral-based industries as well as Swachh Bharat bonds to fund the ambitious campaign. In a report submitted to Prime Minister Narendra Modi on Wednesday, the National Institution for Transforming India (NITI) Aayog sub-group headed by Andhra Pradesh chief minister N Chandrababu...

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Make mining work for tribal welfare, grant a hefty royalty to local community

-The Economic Times Tribal affairs minister Kishore Chandra Deohas reportedly written to the governors of nine states asking them to cancel mining concessions granted in violation of the law. The Forest Rights Act of 2006 mandates the permission of the gram sabha of a tribal community for using their habitat for purposes other than customary use. So, if mining leases have been granted without the permission of gram sabhas on tribal land,...

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For a universal old-age pension plan-Prabhat Patnaik

With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...

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The blame game around food prices by CP Chandrasekhar

The special meeting of Chief Ministers convened by the Centre indicates that food price inflation remains worrisome. But at the meet the problem was underplayed and little of substance emerged.  With food price inflation still running at close to 18 per cent, the UPA government at the Centre has been forced to recognise that it constitutes a problem that deserves as much or more attention than the objective of achieving...

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