-The Hindu Since 2005-06, taxes and duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...
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India’s rich are the problem-CP Chandrasekhar
-The Hindu Even as the Reserve Bank of India (RBI) frets over the high rate of inflation and wards off pressures to cut interest rates, it is faced with another challenge. Balance of payments data for the second quarter of 2012-13 show that the current account deficit continues to rise, and has touched a record 5.4 per cent of GDP. Both of these developments that would be considered signs of “overheating”...
More »Samajwadi Party opposes anti-rape Bill, says it is 'anti-women' -Ravish Tiwari
-The Indian Express The Samajwadi Party (SP) Thursday voiced its opposition to the revised Criminal Law (Amendment) Bill, 2013, teh so-called anti-rape Bill which seeks to crack down on crimes against women. “SP will oppose the Bill. It is anti-women and will create anarchy in society in the name of providing safety for women,” said SP general secretary Ram Gopal Yadav. He said the SP, which provides outside support to the UPA...
More »Developing countries experiencing unprecedented growth, says UN report
-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...
More »Roadblocks ahead for anti-rape Bill -Smita Gupta
-The Hindu SP, BSP unhappy with some provisions A Bill providing for tougher punishment for crimes against women, including rape, acid attack, stalking and voyeurism, was approved by the Union Cabinet on Thursday, after a Group of Ministers, constituted to prescribe safeguards, completed its examination of the draft law in a record two days. On March 18, The Criminal Law (Amendment) Bill, 2013, will be discussed at an all-party meeting before it goes...
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