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UBI: The devil is in the detail

Instituting Universal Basic Income (UBI) requires public support spanning demographic lines, executive backing, and strong macroeconomic fundamentals. Weaken any leg of this tripod, and the redistributive preferences of any government may shift in

Rs 11,000 crore fraud and an absconding billionaire

Investigating agencies are looking for Nirav Modi, a billionaire jeweller, after Punjab National Bank reported a massive fraud of Rs 11,000 crore at a branch in Mumbai. The story so far: Nirav Modi is

50 years of fruitless fight against anaemia

India has not been able to tackle anaemia among women and children despite launching a targeted programme nearly 50 years back. National Nutritional Anaemia Prophylaxis’s programme (NNAPP) was launched in 1970 to prevent nutri

Railways filled only 0.89% safety vacancies in four years

After every major accident Indian Railways claims that it would intensify efforts to fill safety category vacancies to reduce the count of fatal accidents. But data shows something else and reveals railways’ callousness toward

Political parties used only a third of what they collected for electioneering

National and regional parties collected a total of Rs 1503.21 crore and incurred a total expenditure of Rs 494.36 crore towards the five state assembly elections held in 2017, observed the Association for Democratic Reforms in its analysis of fund

HAL conducts maiden flight of Hawk-i

Hindustan Aeronautics Limited (HAL) has achieved a milestone with the first flight of Hawk-i. The aircraft is equipped with indigenous real time operating system (RTOS) developed by the defence enterprise. HAL, CMD, T Suvarna Raju,

SAIL clocks Rs 82 crore profit before tax in Q3

Steel Authority of India Ltd (SAIL) has earned profit before tax (PBT) of Rs 82 crore in the third quarter of the current financial year (Q3 2018FY).   Maintaining strong and earnings before interest, taxes, depreciation

Doubling farmers’ income: Is Budget 2018 in the right direction?

 Farmers need higher returns for their produce to experience increased farm income. The government has continuously promised farmers at least 50 percent higher returns than the cost of their produce. In the backdrop of these assurances, it is

India’s NPAs higher than those in the US, UK, China, Japan

The Reserve Bank of India (RBI) has informed that from country-wise data on ratio of non performing loans to total gross loans available on the International Monetary Fund database, it is observed that the ratio for India compares adversely with t

NALCO posts 171% growth in net profit

National Aluminium Company Limited (NALCO), country’s leading manufacturer and exporter of alumina and aluminium, has clocked a record net profit of Rs 722 crore (growth of 207 percent), as against Rs 235 crore in the preceding quarter and R

A third of chief ministers have criminal cases: ADR

A staggering 35 percent out of all 31 chief ministers analysed from state assemblies and union territories 11 chief ministers have declared criminal cases against themselves, said Association for Democratic Reforms (ADR) & National Election Wa

Municipalities need to be financially empowered: Experts

Municipalities in India have a long way to go in gaining access to buoyant revenue sources from states, utilising such revenue sources optimally through effective assessments, billings and collections, discovering and implementing cost recovery me

Maldives crisis: Island doldrums

India has made it clear that it would not put the Maldivian crisis under the carpet. This was apparent when New Delhi turned down Male’s request to allow president Abdulla Yameen’s special envoy and foreign minister Mohamed Asim to v

GST: Minor shortfall in central government revenue

There is a minor shortfall in central government’s revenue following the implementation of GST, finance minister Arun Jaitley informed parliament.   He said that at the aggregate level, the states are getting their

How transparent is our budget?

The ideas of ‘good governance’ and ‘budget transparency’ are intricately related where one practice often influences the other. Over the past few years, the importance of transparency in governance has been amply stressed u

In a first, railways cracks the whip against absentee staff

The Indian Railways has decided to take disciplinary action against its 13,000 employees who are on unauthorised leaves since long. This is perhaps for the first ever time that the railways has admitted that it is having a huge number of absentee

National Health Mission needs a leg up

The National Health Mission, which is aimed at achieving universal access to health care by strengthening health systems, institutions and capabilities, needs to be significantly improved to become more effective. The allocations fo

Manual scavenging: A road with no end

There seems to be no end in sight for manual scavenging which still persists in some parts of the country. In FY 2018-19, the union government allocated Rs 20 crore to Self- Employment Scheme for Rehabilitation of Manual Scavengers

Protect rights of users, create a model framework for world: Mozilla to govt

Mozilla executive chairwoman Mitchell Baker has appealed to justice Srikrishna headed committee on data protection for "strong recommendations and overall framework". Last year, the ministry of electronics and information technology (MEI

NTPC floats tenders to procure agro residue for power generation

Minister of state (IC) for power, Raj Kumar Singh said the power ministry has issued a policy to use 5-10 percent of biomass pellets along with coal for power generation in thermal power plants. Singh was replying to a query on the

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