Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made. Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...
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Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Wheat not impacted by warm winter
-Business Standard Last week, a senior ministry official had said wheat production in India was likely to fall below 90 million tonnes for another year in a row in FY16 The warmish winter in the north is not yet seen as having an adverse impact on the final wheat harvest but the next few days would be important, said Union agriculture secretary Siraj Hussain. The Centre is monitoring the situation and is hopeful...
More »Tribal ministry relents over Forest Rights Act -Nitin Sethi
-Business Standard Intervention by Gadkari and Javadekar helped Maharashtra govt take control of forests back from tribals Setting a precedent for the entire country, the Union tribal affairs ministry has revised its views to re-interpret the Forest Rights Act (FRA) and allow the Maharashtra forest department to get control back over forest management and a grip on the lucrative trade worth crores in forest produce such as tendu leaves and bamboo. The...
More »Weather babu, you can't say it 'may' rain -GS Mudur
-The Telegraph New Delhi: The national weather agency has adopted a new rulebook, tweaking figures that define rain conditions, cold and heat waves and abandoning what it has conceded were ambiguous and unhelpful terminology such as "could" and "may". A forecasting circular issued by the Indian Meteorological Department (IMD) has altered in subtle ways the definitions of cold and heat waves (see chart), introducing uniform cut-offs for locations across the country, and...
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