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MGNREGA workers in West Bengal have not received wages since December 26, 2021

-Press release by NREGA Sangharsh Morcha dated December 26, 2022 * Centre withheld over Rs. 7,500 cr funds, Rs. 2,744 cr due to NREGA workers * Centre hasn’t sanctioned labour Budget for 2022-23 * Loss of around Rs. 3,891-Rs. 6,046 crores of NREGA wages this FY due to stoppage of work * Average days of work for the current year dropped to meagre 23 from 63.46 days (pre-covid) and 49.96 days (post-covid) Victimisation of workers: MGNREGA...

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Opposition seeks answers to questions on economy from Centre

-The Telegraph Corporate tax contributes 8 percentage points less to the gross tax revenue now than it did in 2014 when the Modi government took over, says P Chidambaram New Delhi: The Opposition on Monday sought answers to fundamental questions on the economy that finance minister Nirmala Sitharaman has strenuously asserted is the fastest growing in the world. Corporate tax, paid by business houses, contributes 8 percentage points less to the gross tax...

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Centre to amend insolvency law to reduce time taken for resolution process

-PTI/ The Telegraph Senior govt official says consultations are going on with various stakeholders and changes are expected to be finalised in coming weeks New Delhi: The government is preparing to amend the insolvency law as it looks to reduce the time taken for the completion of the resolution process of stressed assets and prevent significant erosion of value of the assets, according to a senior official. Amendments to the Insolvency and Bankruptcy...

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Ashok Gehlot Slashes LPG Cylinder Prices To Less Than Half In Rajasthan -Harsha Kumari Singh

-NDTV.com Ashok Gehlot said, "Prime Minister Narendra Modi provided the poor with LPG connections... But the cylinder remains empty, because the (cylinder) rates are now between ₹ 400 and ₹ 1,040" Jaipur: The Rajasthan government will provide cooking gas cylinders at ₹ 500 for people under the poverty line and enrolled in the Ujjwala scheme, Chief Minister Ashok Gehlot said today in a big ticket announcement ahead of next year's assembly elections....

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Can Indian Farmers Reap Benefits From Government Subsidies Amid Inflation? -Subhash Chandra Garg

-TheQuint.in After interest payments, food subsidies, fertiliser subsidy will be third largest single-Budget govt expenditure. With the Government seeking an additional appropriation of Rs 1.09 crore through the first supplementary in the current session, India’s fertiliser subsidy bill is set to exceed Rs 2.37 lakh crore this fiscal 2022-23. Govt Expenditures Going Big on Fertiliser Subsidies Excluding interest, pensions, and mandatory transfers to state governments, the revised Budgetary discretionary expenditure is likely to be...

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