-The Economic Times India's GDP growth has almost halved from 9.2% in 2010-11 to 5% in 2012-12. Major problems include a high current account deficit, high fiscal deficit, and lack of bank credit for small and medium enterprises. All three problems can be mitigated substantially by one single measure - reducing excess food stocks. So say Ashok Gulati and Surabhi Jain, chairman and joint director respectively of the Commission for Agricultural...
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Time to check the Khemka syndrome-Pradeep S Mehta
-The Hindu Despite attempts at reform, frequent transfers of civil servants by loyalty-seeking politicians continue. Only a guarantee of tenure can end the menace. In April this year, the Haryana government transferred senior IAS officer Ashok Khemka for the second time in six months, or for the 44th time in his 22-year career. The use of transfers and postings in States as a means of harassing officers who are inconvenient because of...
More »Central Information Comission tells Congress, BJP, BSP others to respond to RTI queries in 4 weeks
-The Economic Times NEW DELHI: How much rent does Congress Party pay for its sprawling office in Lutyens' Delhi? Who are the people who contribute to BJP's coffers? How much tax exemptions has NCP claimed? Whose aircraft are used by Congress President Sonia Gandhi during election campaigning? Now the common man can access information on all this and much more - all for just 10. In a landmark judgement that could force...
More »Banks hurdle in cash transfer to poor: Sheila Dikshit
-The Times of India NEW DELHI: While declaring that her government was keen to take the Aadhaar-based cash transfers to 30 lakh beneficiaries across various schemes, chief minister Sheila Dikshit on Monday expressed concern over obstacles in the delivery of cash transfers due to non-cooperation of banks. She urged Unique Identification Authority of India chairman Nandan Nilekani to work towards speeding up the bank account opening process linked to Aadhaar enrolments. Dikshit...
More »PF set to cover all pay, not jut basic pay -Sidhartha
-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...
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