-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...
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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...
More »Changes in identification method of welfare scheme beneficiary
-PTI Claiming flaws in the process of identifying beneficiaries of welfare schemes based on the Socio Economic and Caste Census (SECC) data, a group of parliamentarians, intellectuals and socials activists today appealed to the Centre to take corrective measures to provide benefits to the deserving lot. In a memorandum submitted to Union Rural Development Minister Birender Singh, the members picked flaws in the process of identifying welfare schemes beneficiaries. "The clearly stated aim...
More »Atal Pension Yojana: Guaranteed, but low pension -Anand Kalyanaraman
-The Hindu Business Line The Atal Pension Yojana is intended as a safety net for workers in the informal sector The Atal Pension Yojana (APY), like the National Pension System (NPS), seeks to provide monthly pension to subscribers from the age of 60. While the APY is open to all citizens of India between 18-40 years, it is focussed on workers in the unorganised sector. Guaranteed pension The scheme has been tailored to make it...
More »Chuck the BPL card -Mihir Shah
-The Indian Express SECC opens the door to step away from the poverty line as a criterion for government benefits. The Government of India has just released data from the Socio-Economic and Caste Census (SECC) 2011. It is perhaps the most ambitious exercise of this kind ever conducted in human history. The SECC 2011 has three parts: census of rural India, conducted by the Union ministry of rural development (MoRD), census...
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