-The Hindu State government preparing its response to the model groundwater bill circulated by Central government The State government does not favour the idea of pricing groundwater for agriculture. The government, which is fine-tuning its response to the model groundwater bill circulated by the Central government, feels that the text of the model bill provides scope for the idea, which, if translated into action, will only attract controversies, says a senior official. Though...

-PTI RERA Act would bring about a paradigm shift in the way the real estate industry operates Even as the Real Estate Regulatory Act (RERA) comes into effect, delay in issuing notification and non-uniformity of rules across the States may dilute its effective implementation, says the rating agency Icra. The Act would bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and accountability...

-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...

-Business Standard The govt has in place regulations that systematically calculate less than the payable compensation New Delhi: The Union government has been understating the compensation that workers should get under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the delay in payment of wages. Not just that, only a portion of this understated compensation is being paid to the beneficiaries across the country. According to the job guarantee scheme,...

-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...