-Hindustan Times New Delhi: The demonetisation of Rs 500 and Rs 1,000 banknotes is unlikely to help the government suck out black money from the economy as hoarders keep a tiny portion of their ill-gotten wealth in hard cash, going by income-tax data. Cash recovery has been less than 6% of the undisclosed income seized from tax evaders, shows an HT analysis of data from tax raids from financial year 2012-13 onwards. In...
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Show me the money -Ila Patnaik
-The Indian Express Ban on Rs 500, Rs 1000 notes deals with stocks of black money. But push to a cashless economy is premature. The sudden and dramatic announcement by the prime minister banning Rs 500 and Rs 1,000 notes issued by the Reserve Bank of India has a number of objectives. Among them are tackling counterfeit notes, curbing black money and restricting finance for subversive activities. While progress will be made by...
More »Facilities to fees, CBSE tells schools to make all info public -Manash Pratim Gohain
-The Times of India NEW DELHI: Having largely failed to nudge schools towards greater transparency by publicly disclosing their fee — for people to judge if it was commensurate with the facilities provided — the Central Board of Secondary Education (CBSE) is acting tough. It has now made it mandatory for all schools across the country to make public information about their functioning under 130 heads. School managements are protesting against what...
More »Decentralisation has fallen off the agenda -MA Oommen
-The Hindu Business Line The NITI Aayog should revive district-level planning in order to implement the 73rd and 74th Amendments to the Constitution While the Planning Commission, which was virtually an executive arm of the Union government, stands abolished, the District Planning Committee (DPC), a constitutional institution mandated “to prepare a draft development plan for the district as a whole” with a focus on resource endowments, environmental conservation, infrastructural development and spatial...
More »Massive Slump in MNREGA Work After Centre's Unofficial Instructions -Nitin Sethi
-TheWire.in The Centre’s off-record instructions through WhatsApp and a squeeze on funds made the rural work programme crash after a roaring first half of the year. This is second of a two-part series. Read part one here. The WhatsApp messages from the central rural development ministry to states had a chilling effect on the work given under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) after the roaring demand growth in the...
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