-PTI Earlier in July, the Centre changed the terms of reference of the 15th Finance Commission and mandated the panel to suggest ways for allocation of non-lapsable funds for defence and internal security. New Delhi: Former Prime Minister Manmohan Singh on Saturday said the government should have taken Chief Ministers' views before changing the terms of reference of the 15th Finance Commission, adding that unilateralism is not good for federal policy and...
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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)
-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »West Bengal Assembly rules out NRC -Shiv Sahay Singh
-The Hindu House passes a resolution opposing NRC in Assam In an unprecedented show of unity, the West Bengal Legislative Assembly on Friday passed a resolution opposing the National Register of Citizens ( NRC) in Assam. The resolution also categorically ruled out the possibility of any such exercise in the State. The development comes within a week of release of the final list of NRC, in which over 19 lakh people have been...
More »RTI query: Are Chief Ministers drawing MP pension? Lok Sabha office says information is personal -Vishal Narayan
-The Telegraph An MP loses his entitlement to pension and perks if he is appointed the President, Vice-President or is re-elected to either House or gets employed in the government New Delhi: An RTI query seeking details on allowances and pensions to former MPs who are Chief Ministers has resulted in a strange reply. The information, the Lok Sabha secretariat has informed, was "personal", so details would not be shared. According to the...
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