-Firstpost.com I fear this budget. I fear that Finance Minister Arun Jaitley might announce an idea that I have liked and advocated: The idea of a Universal Basic Income. I fear it because Jaitley may use this label to justify something quite the opposite. In the process, he might ruin a good idea. Straws in the wind indicate that he might try something to this effect. Demonetisation was part of a grand...
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Must follow our order: EC to RBI on raising cash limit
-The Indian Express EC had asked the central bank to relax the weekly bank withdrawal limit from Rs 24,000 to Rs 2 lakh for candidates contesting elections in Uttar Pradesh, Uttarakhand, Punjab, Goa and Manipur. New Delhi: The Reserve Bank of India (RBI) has shot down the Election Commission’s (EC) proposal to relax the weekly withdrawal limit for those contesting the Assembly elections, prompting an angry reaction from the poll panel, which...
More »EC renews plea to RBI for higher cash withdrawals
-The Hindu EC expresses "serious concern about the cursory manner in which the issue has been dealt with" The Reserve Bank of India (RBI) has turned down the Election Commission’s request to enhance the cash withdrawal limit for nominated candidates in the five poll-bound States, from Rs. 24,000 to Rs. 2 lakh per week, till the declaration of results on March 11. Asking the RBI to reconsider, the EC on Saturday again wrote...
More »Congress got 83% of funds from unknown donors, BJP 65%
-The Times of India NEW DELHI: In the eleven years between 2004-05 and 2014-15, political parties of all colours, including ones which swore by transparency, got contributions worth more than $1 billion (Rs 6,800 crore) from unknown sources, a study by an independent think tank says. The historic financial `performance' of these parties which raked in more than Rs 11,000 crore in total income (this includes the Rs 6,800 crore) during this...
More »Don't announce schemes for poll-bound States in Budget, EC tells Centre -Devesh K Pandey
-The Hindu Elections are to be held between February 4 and March 8 in Uttar Pradesh, Uttarakhand, Manipur, Punjab and Goa. The Election Commission on Monday directed the Central government not to announce schemes specific to poll-bound States in the Union Budget. Elections are to be held between February 4 and March 8 in Uttar Pradesh, Uttarakhand, Manipur, Punjab and Goa. “It may be ensured that in the Budget speech, the government’s achievements in...
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