-The Times of India NEW DELHI: The Election Commission is in the process of sending donation details of all political parties to the Central Board of Direct Taxes for a probe by the Income Tax authorities to ascertain whether entities making contributions were genuine. But what has rattled the poll watchdog is the huge expenditure made by some of the leading parties during the Lok Sabha elections in March-May last year, disproportionate...
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New GDP Numbers Make Jaitley Happy -Lola Nayar
-Outlook 7.4 per cent growth is good news for the NDA's finance minister who will present his full budget two weeks from now. Indian economy is forecast to grow at an accelerated 7.4 percent in the fiscal year ending in March 2015 as against 6.9 percent in the previous fiscal, according to advance estimates released Monday. The high growth numbers, based on the new formula (with 2011-12 as the base year)...
More »New GDP numbers' sheen to UPA-II -Indivjal Dhasmana
-Business Standard Govt's revised method of calculating output and growth make recomparisons inevitable in earlier judgments At the outset, nobody would believe that India's economy expanded by double-digits only four years earlier and the growth rate in gross domestic product (GDP) dived to as little as below four per cent during the global financial crisis period of 2008-09. Yet, these would be the facts if one measures growth in terms of the...
More »Education campaign yields dividends -Pheroze L Vincent
-The Hindu In 1951, a year after India became a republic, only 18.33 per cent of its 35.11 crore citizens could read. According to the 2011 census, 74.04 per cent of its 121.02 crore people can read. In 60 years, 83.12 crore Indians learnt to read. School enrolment is at an all-time high with several surveys putting primary enrolment at above 96 per cent. However, India is still below the world's average...
More »Narendra Modi govt cracks down on NGOs, prepares hitlist -Sanjib Kr Baruah and Rajesh Ahuja
-The Hindustan Times The Centre may act against some of the 188 NGOs red-flagged by the Intelligence Bureau for alleged misuse of foreign funds, suspected extremist links and proselytization. These non-government organisations were reported by the internal spy agency and a list sent to the home ministry, documents accessed by HT have revealed. The country's top tax body the central board of direct Taxes (CBDT) and enforcement directorate (ED), which tracks foreign funds...
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