-Livemint.com * The law ensures that no one is denied any service for not having Aadhaar as ID proof * An Aadhaar holder can now opt for offline verification through QR code with consent The Rajya Sabha on Monday passed The Aadhaar and Other Laws (Amendment) Bill, 2019, allowing voluntary linking of the 12-digit identification number as part of know your customer guidelines to open bank accounts or get a mobile connection. The law...
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Budget 2019: A pro-farmer slant but just a field of dreams -Sayantan Bera
-Livemint.com * FM vows to invest widely in agriculture infrastructure, but offers little to revive rural income and demand * In terms of new schemes, the budget announced Pradhan Mantri Matsya Sampada Yojana for the fisheries sector and another to boost traditional industries In March 2018, Rakesh Sangwan, 27, a farmer in Haryana’s Charkhi Dadri, stopped watering his tomato plants. The crop slowly withered away and, subsequently, it was mowed down by a...
More »Government keeps options open for more fuel price hikes -TCA Sharad Raghavan
-The Hindu Finance Bill provides for rise of Rs.5/litre While the Budget has effected a hike in the duties and cess on petrol and diesel amounting to Rs.2 per litre, the government has given itself the leeway for a further increase of levies by Rs.5 per litre, Revenue Secretary Ajay Bhushan Pandey said. While Finance Minister Nirmala Sitharaman had announced a Rs.1/litre increase in the Special Additional Duty (SAD) on petrol and diesel...
More »Budget 2019: Over 38% Cut In Funds For RTI Propagation
-PTI Finance Minister Nirmala Sitharaman announced an allocation of Rs 5.5 crore for the 'CIC and RTI' as compared to Rs 9 crore allocated in the Budget for 2018-19, a dip of Rs 3.5 crore or about 38.8 per cent. Funds for propagation of the right to information have been slashed by over 38 per cent in the Union Budget 2019-20 as compared to last fiscal's allocation. Finance Minister Nirmala Sitharaman announced an...
More »Why young, not ageing, firms can spur job creation -Dhirendra Tripathi
-Livemint.com * Contrary to popular belief, the Economic Survey 2019 says “dwarfs”—over 10-year-old firms with less than 100 employees—which account for a majority of firms in organized manufacturing, hold back job creation and productivity * Mint explains why it is so and the way out How do small and young firms fare in terms of job creation? The Economic Survey says the contribution of small firms to output and employment in the manufacturing sector...
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