-The Hindu Business Line Ten years on, the National Rural Employment Guarantee Act endures because it provides the poor a political voice February 2016 marks a decade since India’s National Rural Employment Guarantee Act 2005 (NREGA) came into force. NREGA is both revolutionary and modest; it promises every rural household one hundred days of employment annually on public-works projects, but the labour is taxing and pays minimum wage, at best. Many charges have...

-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

-Business Standard Cess, surcharges come in handy New Delhi: Looking to leave its political imprint over spending in rural India, the National Democratic Alliance (NDA) government has budgeted for a massive 31 per cent hike in its share of spending on nine big-ticket centrally sponsored schemes (CSS) in 2016-17 over last year's budgetary allocation. Last year's Budget mantra of 'cooperative federalism' has been sidestepped to favour political exigencies. To fund these schemes, which...

-Business Standard Most of the allocation would be spent on completion of existing irrigation schemes and their results would only be felt after a gap Finance Minister Arun Jaitley sought to rely heavily on expanding the country's irrigation network to counter the ill-effects of two consecutive failed monsoons. Most of the allocation would be spent on completion of existing irrigation schemes and their results would only be felt after a gap. Around 89...

-Livemint.com The agriculture sector saw a 94% increase in allocation, but an analysis of the numbers suggest that the real hike is a modest 27% New Delhi: In a bid to revive growth in agriculture and improve farm incomes, at a time when rural India is weathering a protracted period of distress, the Union Budget presented on Monday placed a renewed focus on the farm sector by increasing funds for crop insurance...