-IndiaSpend.com Garhwa district, Jharkhand: Bhagiya Birjia is in a fix. Each month, the 42-year-old farm labourer gets 35 kg food grains under Antyodaya Anna Yojana--a scheme meant to provide food security for the poorest Indians--on account of being a member of the Birjia tribe, designated a ‘Particularly Vulnerable Tribal Group’ (PVTG). But she is forced to share the grains with seven members of her brother’s family, who live a short walk away...
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Where the Citizenship (Amendment) Bill does not apply -Abhishek Saha
-The Indian Express Citizenship Amendment Bill, set to be introduced today, seeks to address concerns in Northeast by exempting all or part of various states. What are these areas, and what makes Manipur’s case different? ON MONDAY, the Government is set to introduce the Citizenship (Amendment) Bill (CAB), 2019, which proposes to make it easier for certain categories of migrants to become eligible for Indian citizenship. In the revised version of CAB,...
More »Can a cut in tax rates pull the economy out of the woods?
-The Indian Express A cut in income tax will naturally mean a loss of revenue for the Government, which will impact the fiscal deficit. The quantum of the revenue loss will depend on how deep the tax cut is. Finance Minister Nirmala Sitharaman has said that the Government is considering cutting tax rates to revive growth. “Tax rate cut is one among the many things we are thinking to boost growth,” Sitharaman...
More »Government working on more measures to boost economy: Nirmala Sitharaman
-PTI GST rates have to be ratonalised by the Council, says th Finance Minister Finance Minister Nirmala Sitharaman on Saturday, December 7, 2019, said the NDA Government is working on more measures to revive the sagging economy. The GDP growth slowed down to more than six-year low of 4.5 per cent in the second quarter of the current fiscal from 5 per cent recorded in the first quarter. The Government has taken several measures...
More »Economic growth onus falls on Government
-The Telegraph Hands-off RBI cuts forecast The Reserve Bank of India’s policymakers shocked economists, industry and the Street by deciding to hit the pause button on interest rate cuts after five downward revisions this year. The six-member monetary policy committee (MPC) of the central bank also slashed its growth forecast for this financial year to 5 per cent from 6.1 per cent at the October meeting. The decision to retain the policy rate —...
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