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Most households in rural Bihar faced livelihood crisis during the first wave of COVID-19, reveals a recent study

The pandemic's first wave had a devastating impact on the livelihoods of rural workers in Bihar (including the self-employed) last year, according to a survey based research, jointly done by economists from Centre for Development Economics and Sustainability at Monash University, Australia and the New Delhi-based Institute for Human Development. A recent press note issued by the authors of the study shows that almost 94.4 percent of the households participating...

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Nervous over rising crude, government ends monthly LPG price hike -Sanjay Dutta

-The Times of India NEW DELHI: In a clear indication of the nervousness over rising oil prices evoking popular anger, the government has asked state-run fuel retailers to stop raising the price of subsidised cooking gas cylinders by Rs 4 a month. The order was issued in October, around the same time the government cut excise duty on petrol and diesel by Rs 2 per litre to stave off rising consumer anger...

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Soon, submit income tax return copy to get LPG subsidy -Amitav Ranjan

-The Indian Express The IT Act forbids the income tax department from sharing income details of an assessee unless the Central government specifies an officer, authority or body to receive the data to perform his or its functions under a law. Soon you will have to submit a copy of your income tax return (ITR) every year to the LPG dealer to claim subsidy on cooking gas cylinders. With the voluntary GiveItUp...

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No more LPG subsidy if you earn above Rs 10 lakh a year

-The Times of India NEW DELHI: There will be no subsidy for cooking gas cylinders if either the registered consumer, or his/her spouse have an annual taxable income of more than Rs 10 lakh, the oil ministry announced on Monday. The cap will come into effect from next month. To begin with, the new criteria will be applied on the basis of self-declaration at the time of booking a refill in keeping...

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Aadhaar-based fertilizer subsidy transfer in limbo -Saurabh Kumar

-Livemint.com Given condition of land records and problems in identifying actual beneficiaries, the task is gigantic, say analysts New Delhi: The Aadhaar-based direct benefit transfer (DBT) of fertilizer subsidies may not see the light of day anytime soon. “The roll-out of DBT in fertilizer will take some time because there are various hurdles,” said a government official, who is working on DBT. The official, who requested anonymity, said that “this is more challenging”...

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