-TheWire.in In Gujarat’s Chhota Udaipur, MNREGA has helped villagers increase their earnings, improved connectivity in the area and led to higher farm yields. In the ubiquitous environment of the withdrawal of the welfare state across the globe, the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) in India stands out as a critical and unique intervention. MNREGA is a social safety net that guarantees 100 days of employment to every rural household...
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Debt, drought & death: Two suicides a day since October in Tamil Nadu -Arun Janardhanan
-The Indian Express Last week, the farmer distress reached Delhi, with a group of Tamil Nadu farmers starting a sit-in at Jantar Mantar. Nagapattinam: On January 1, R Panneerselvam stepped out of his home thrice to check on his wasted paddy crop on his 3-acre land. The final time, a tired Pannerselvam flopped down on a chair and asked his eldest son to fetch him tea from a nearby stall. By the...
More »Aadhar to be made mandatory for filing I-T return, applying for PAN card
-The Times of India/ PTI NEW DELHI: The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account number (PAN). The new proposal has been made through an amendment to the Finance Bill. Recently, the I-T department had announced a mobile app for paying taxes and tracking of refunds. It had also said it was considering issuing PANs on real time basis using Aadhaar...
More »Macroeconomic Impact of Demonetisation: A Preliminary Assessment -RBI
-eSocialSciences.org The analysis in this paper suggests that demonetisation has impacted various sectors of the economy in varying degrees; however, in the affected sectors, the adverse impact was transient and felt mainly in November and December 2016. The impact moderated significantly in January 2017 and dissipated by and large by mid-February, reflecting the fast pace of remonetisation. The latest CSO estimates suggest that the impact of demonetisation on GVA growth was...
More »Post-note ban, Rs 35,000 crore cash stash flooded MP banks -Ankur Sirothia
-The Times of India BHOPAL: More than Rs 35,000 crore of stashed cash was pulled out of hidden lockers of corporates and individuals and deposited in 25 major banks within 60 days of demonetisation in Madhya Pradesh, reveal documents accessed by TOI. More than 40% of these accounts are under I-T surveillance, say sources. Money in Pradhan Mantri Jan Dhan Yojana accounts rose by Rs 461 crore after the note ban —...
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