-The Hindu Consumers in Tier-I and II cities will have to submit affidavits to their LPG distributors stating that their annual income is below Rs.10 lakh to continue to receive cooking gas subsidy, according to Oil Minister Dharmendra Pradhan.“In the Tier-I and Tier-II cities, when somebody comes to refill gas, they are asked to sign an affidavit regarding their income,” the Minister said. “It is a matter of trust. We have to...
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The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
More »To tackle drought woes, Centre to release 55% MGNREGA funds by June -Shalini Nair
-The Indian Express Of the Rs 21,000 crore expected to be released till June, this month the ministry has provided Rs 12,000 crore to the states towards payment of last year’s arrears for labour cost as well as for the month of April. Anticipating a huge spike in the demand for work due to severe drought conditions in most parts of the country, the Ministry of Rural Development (MoRD) has decided...
More »Only 1.8% got 150 days of work in drought-hit states: MGNREGA data -Shalini Nair
-The Indian Express The data for 10 drought-hit states show that a total of 1.52 crore people got employment under MGNREGA in the financial year ending March 31, 2015. For states hit with severe drought, the latest decision of the Ministry of Rural Development to continue providing 150 days of employment under MGNREGA may come as a much-needed succour. However, data shows that in 2015-16 of the households that were provided...
More »Job scheme target cut belies hopes -Basant Kumar Mohanty
-The Telegraph New Delhi: Projected work under the rural job guarantee scheme for 2016-17 is down 10 per cent after a rare boost in the last financial year, suggesting a tightening of the purse strings following a year of heavy expenditure on the programme. The rural development ministry has approved the generation of 217 crore person-days of work under the Mahatma Gandhi National Rural Employment Guarantee Act, following last year's approval for...
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