-The Asian Age The much-quoted sentence, "there are three kinds of lies: lies, damn lies and statistics", was attributed to the 19th century British Prime Minister Benjamin Disraeli by American author Mark Twain. Although researchers could never find such a statement in any written work of Disraeli, the sentence gained universal popularity to signify how economists and other number-crunchers use the "persuasive power" of figures to make a political point or...
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Land Records to Be Reformed to Benefit Farmers: PM
-Outlook Bengaluru: Facing attack over the new Land Acquisition Bill, Prime Minister Narendra Modi today said the land records would be "reformed" for farmers' benefit and attacked opposition for "spreading lies" that the government is working against the interests of the farming community. Addressing a public meeting here, he said his government was working to empower the farmers as it realises that the nation cannot make progress till villages develop. Contending that he...
More »Budget in search of hope -Ashok Sekhar Ganguly
-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...
More »Congress, BJP oppose proposal to make EC trustee of 'big' corporate funds -Bharti Jain & Subodh Ghildiyal
-The Times of India NEW DELHI: The political class on Monday was a divided house on corporate houses directly picking the beneficiaries of their 'big money'. While the big parties led by Congress and BJP favoured the present system of corporate funding during the Election Commission's national consultation here on 'Political Finance and Law Commission's Recommendations', the Left, Trinamool Congress and JD(U) plumped for a system whereby entire corporate funding is funnelled...
More »Union Cabinet clears new bill on black money -Siddharth
-The Times of India NEW DELHI: The Cabinet on Tuesday cleared introduction of the black money bill later this week, including a provision to allow the government to launch a one-time compliance scheme for those with black money abroad to come clean before the new law kicks in. The details of the compliance scheme, including the penalty, are expected to be announced as part of the rules. The offer for full disclosure...
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