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Tax waiver on 'affordable' flats may mean big profits for builders -Nauzer Bharucha

-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

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Budget 2016, through a prism of the poor -Brinda Karat

-The Indian Express Gamlina’s response is just one example of how distant this government is from the lives of the poor and how tokenistic its schemes are. Gamlina Soren, an elected panchayat member in Jharkhand, sounded upset. She had been told by a local BJP functionary that gas cylinders were going to be “gifted” to poor women by the Centre but that they must have a BPL card. “But most poor Adivasi...

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The Shifting Political Economy of Centrally Sponsored Schemes -Pranay Kotasthane

-TheWire.in Action now shifts to the states which will have the first real opportunity to react to a new, and still evolving fiscal landscape One of the most dynamic features over the last three budgets has been the apparent consolidation of centrally sponsored schemes (CSS) — schemes like MGNREGA and National Health Mission, which are formulated by the Union government on subjects from the State List to encourage states to prioritise on...

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The embroiders of Kutch -Lyla Bavadam

-Frontline The Living and Learning Design Centre in a Kutch village is about dialogue between contemporary designers and traditional artisans and about keeping crafts relevant. Kutch: “WHY here? Why a design centre of such sophistication in a small village off a highway?” The answer flashes in one’s mind at the SAMe time: “Because that’s the most logical and relevant place for it.” The answer is validated a while later in a...

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Dismay at funds cut for Dalit students -Ananya Sengupta

-The Telegraph New Delhi: Budget cuts in several schemes for minority, Dalit and tribal students have prompted academics and activists to question the government's commitment to the education of marginalised communities. A section of the budget papers presented on Monday, titled "Expenditure Budget, Statement 22", shows a fall in allocations to many schemes compared with last year's budget. For example, allocations for pre-matric scholarships for minorities and Dalits have fallen by over 10...

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