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Private companies won’t be in anti-graft law net -Siddharta

-The Times of India NEW DELHI: The government has virtually ruled out amending the Prevention of Corruption Act (PCA) to extend it to the private sector, a move that was recommended by the Special Investigation Team (SIT) on black money to check the circulation of unaccounted wealth in the education and religious institutions. Sources in the government indicated that extending the scope of the anti-corruption law to companies and private individuals could...

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The Importance of Being 'Rurban': Tracking Changes in a Traditional Setting -Dipankar Gupta

-Economic and Political Weekly A categorical distinction is facing rough weather--that between urban and rural. If we take just agriculture, there is so much of the outside world that comes in not just as external markets but as external inputs. Further, many of our villages barely qualify as rural if we were to take occupation alone. So the earlier line that separated the farmer from the worker in towns is slowly...

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Land Records to Be Reformed to Benefit Farmers: PM

-Outlook Bengaluru: Facing attack over the new Land Acquisition Bill, Prime Minister Narendra Modi today said the land records would be "reformed" for farmers' benefit and attacked opposition for "spreading lies" that the government is working against the interests of the farming community. Addressing a public meeting here, he said his government was working to empower the farmers as it realises that the nation cannot make progress till villages develop. Contending that he...

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Budget in search of hope -Ashok Sekhar Ganguly

-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...

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Union Cabinet clears new bill on black money -Siddharth

-The Times of India NEW DELHI: The Cabinet on Tuesday cleared introduction of the Black Money Bill later this week, including a provision to allow the government to launch a one-time compliance scheme for those with black money abroad to come clean before the new law kicks in. The details of the compliance scheme, including the penalty, are expected to be announced as part of the rules. The offer for full disclosure...

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