-The Indian Express While Sweden, Denmark and the Netherlands display high numbers of criminal activity, India stands with Yemen and Lebanon in the lower zone. Last month, when women and child development minister Maneka Gandhi was pushing through amendments to Juvenile Justice Act in Parliament that would lower the age of culpability as an adult from 18 to 16, she cited a rising number of crimes by juveniles. In the year...
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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera
-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...
More »Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Political funding: There’s trust, but little else -Aditi Nigam
-The Hindu Business Line Electoral Trusts bring some transparency to India Inc’s donations to parties, but more needs to be done New Delhi: India Inc makes big donations to political parties, but very little is made public on the amount or to whom it is given. Electoral Trusts revealing such data were expected to bring in more transparency. A change in income-tax rules in January 2013 paved the way for the setting up...
More »Don’t tamper with patent laws -A Srinivas
-The Hindu Business Line India is being too accommodating of MNCs The Centre is needlessly apologetic about our IPR laws. It set up an IPR ‘think tank’ in October 2014, perhaps responding to a view that our IPRs are not strong enough to invite foreign investment. Last January, Prime Minister Modi and President Obama issued a joint statement which “committed to establish an annual high-level Intellectual Property Working Group”. In November, Modi...
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