-Livemint.com From the large volume of portability transactions under ONORC, it is evident that the beneficiaries are leveraging the facility of ration portability to access their NFSA as well as PMGKAY foodgrains from any FPS of their choice, without being dependent on the tagged ration shop in the ration Card, Union Minister Ashwini Kumar Choubey said About 56 crore ration Card portability transactions have taken place till January 31, since the launch...
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PM CarES Collected Rs.10,990 Crore Till March 2021, Spent ₹ 3,976 Crore -Arvind Gunasekar
-NDTV.com Billed as a "dedicated fund with the primary objective of dealing with any kind of emergency...", PM CarES spent ₹ 3,976 crore in the first year of its operation New Delhi: 64 per cent of the Rs.10,990 crore collected by the PM CarES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date, according to data accessed by NDTV. As of March 2021, the PM CarES...
More »One-third of Rs.10,990 crore in PM CarES fund spent: ‘20-’21 audit -Priscilla Jebaraj
-The Hindu ₹3,976 crore spent during 2020-21; ₹100 cr promised for vaccine development not allotted The PM CarES Fund collected ₹10,990 crore since its inception in March 2020 until March 2021. It spent ₹3,976 crore during the 2020-21 financial year, according to the audited financial statement posted on its website. As on March 31, 2021, the Fund had an unspent balance of ₹7,044 crore. The Fund was set up to deal with “any...
More »A Budget Whose Silences are Ominous -Prabhat Patnaik
-Newsclick.in The people are thus facing increasingly hard times, but in the bland vision of the Modi government, there is no cognisance of it. However, that itself is ominous because when the balance of payments becomes unmanageable, the Modi government will run to the IMF to ask for a rescue package. No budget in recent memory has been presented at a time when the economy is in such dire straits: unemployment is...
More »Tarun Bajaj, Revenue Secretary at the Ministry of Finance, interviewed by Vikas Dhoot (The Hindu)
-The Hindu It would be much easier for the government to provide relief to people if the tax base was wider, says Revenue Secretary Tarun Bajaj, noting that four crore people don’t file returns though the tax department gets some TDS collections on their account. With major customs duty rationalisation done and corporate tax settled, the government hopes to finish some pending reforms in personal income tax and GST, creating a...
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