-The Hindu If big money entirely funds elections in a secretive way, democracy as we know it will not exist The recent disclosures that the Election Commission (EC) and the Reserve Bank of India (RBI) had expressed reservations about the Electoral Bonds scheme highlight the importance of this issue. In 2017, the then RBI Governor wrote to the then Finance Minister that “allowing any entity other than the central bank to issue...
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Why are resident Indians remitting more money abroad than ever before?
-TheWire.in From $1 billion in 2012 to over $13 billion in 2018, higher remittances could indicate greater spending abroad as rich Indians look to diversify or the beginnings of a flight of capital. New Delhi: Indians sent more money out of the country than ever before in July 2019 under the liberalised remittance scheme (LRS), in a development that comes even as the Narendra Modi government looks to attract foreign direct...
More »Adopt a green growth strategy to boost the sluggish automobile sector
Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...
More »Data doesn't support Amit Shah's claim that Article 370 deprived J&K of development -Rukmini S
-ThePrint.in Despite being ruled by BJP for the longest time, Hindi belt states lag far behind Jammu & Kashmir on education and various other indicators. There is no doubt that the Narendra Modi government’s decision to remove special rights for Jammu and Kashmir’s administration and to convert the state into two Union Territories is ideological and political. The removal of Articles 370 and 35A has been a lynchpin of the BJP’s political...
More »Five-year Yoga Day bill: Rs 114 crore -Vishal Narayan
-The Telegraph Allocation in some years was higher than the national commissions for SCs, STs, safai karmacharis and denotified tribes New Delhi: The ministry of AYUSH has spent Rs 114 crore celebrating the International Day of Yoga between 2015 and 2020, an RTI reply has revealed. In its reply, the ministry informed this website that it spent Rs 16.39 crore in 2015, Rs 18.03 crore in 2016, Rs 26.42 crore in 2017,...
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