-The Economic Times Labour ministry proposes to hand over reins; dedicated funds for provident fund, pension & insurance schemes to be administered by a Central Board. NEW DELHI: The labour ministry has proposed to hand over control of the over Rs 10 lakh crore corpus of provident fund, pension and insurance schemes under the Employees’ Provident Fund Organisation (EPFO) to a central body, which will have a central Government-appointed chairman. Unlike the...
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Courts of injustice -Prashant Bhushan and Cheryl D'souza
-The Indian Express The fate of close to two million people excluded from the NRC in Assam rests with the Foreigners Tribunals. The constitutionality and conduct of these quasi-judicial bodies are questionable Over 1.9 million people have been excluded from the final National Register of Citizens (NRC) in Assam. The herculean executive exercise, mandated and closely monitored by the Supreme Court, has incurred a staggering expenditure of over Rs 1,200 crore...
More »Under farm scheme, Odisha spent Rs 170 crore on over 3 Lakh ineligible beneficiaries
-TheWire.in The opposition has accused the state Government of hastily implementing the KALIA scheme with an eye on elections. New Delhi: The Odisha Government has found that it provided the benefit of its Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme to 3.41 lakh ineligible beneficiaries, The Hindu reported on Wednesday. This has led to the state exchequer spending Rs 170 crore more than it needed to on the scheme. Prior to...
More »Slowdown: Direct tax collections now a crawl, shrink Govt's space to cut GST -Aanchal Magazine
-The Indian Express Net direct tax collections during April 1-September 15 grew just 5% to Rs 4.4 lakh crore — against year’s target 17.3%. This below-than-expected growth in direct tax collections will muddy the Government’s fiscal math The impact of a slowing economy is showing up in Government revenues with net direct tax collections in the first five-and-a-half months of 2019-20 making up just a third of the full-year target. Net direct...
More »A self-inflicted economic slowdown -Puja Mehra
-The Hindu The Government has failed to heed recommendations made by economists and bureaucrats on turnaround measures One of the visitors to pay a courtesy call on Prime Minister Narendra Modi after his re-election this summer was a former Secretary to the Government of India holding a high-profile constitutional office. During the conversation, the Prime Minister asked: “Arthvyavastha ka kya karna chahiye? (What should be done about the economy?)” The former bureaucrat ,...
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