-The Indian Express The ingenious plan, a brainchild of state Finance Minister TM Thomas Isaac, was formally rolled out earlier this week in Meenangadi, a panchayat of 33,000 people curled up in the Western Ghats hills in Wayanad district. Kochi: In a bid to encourage planting and preserving trees and thereby reduce carbon footprint, a village in Kerala has kickstarted a project that will allow farmers to mortgage the trees on their...
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Aadhaar Act: No information on how beneficiaries are identified, shows RTI -Shreegireesh Jalihal
-Business Standard Government officials have claimed that Aadhaar has helped save over Rs 90,000 crore by weeding out fake beneficiaries New Delhi: The Finance Ministry and other government departments have told a Right to Information applicant they do not have information on rules or procedures to identify beneficiaries of state-sponsored subsidies under the Aadhaar Act. Business Standard assessed the government's responses to the RTI application filed by Dr Anupam Saraph, who is based...
More »Maharashtra: Economy heads for a double-digit fall as business, consumption slow down -Sandeep A Ashar
-The Indian Express "In terms of Gross State Value Added or GSVA, the economy will likely see 7.4 per cent plunge in the October-December quarter from a year ago. To make matters worse, the number will only worsen further with demand remaining subdued,” a senior government source said. Mumbai: With business activity and consumption set back by Covid-19 cases, the state government’s latest economic forecast has projected 16.4 per cent contraction in...
More »A fiscal crisis: Why FCI needs provisioning in food subsidy budget -Sandip Das
-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to Finance its operations. FCI is the central agency that manages procurement, storage...
More »Maharashtra: Sudden micro lockdowns led to labour losses, spike in unemployment, says report -Sandeep A Ashar
-The Indian Express In a presentation made to Chief Minister Uddhav Thackeray and senior ministers in a meeting on Monday, the state Finance department claimed that the unemployment rate had climbed from 3.9 per cent in July to 6.2 per cent in August. Mumbai: A spike in Maharashtra’s unemployment rate in August is threatening the revival of the Covid-hit economy, a government report has said. In a presentation made to Chief Minister Uddhav...
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