The Loksatta Party has deplored Jammu & Kashmir chief minister Mufti Mohammad Sayeed's statement crediting the Hurriyat Conference, Pakistan and separatist outfits for the peaceful election in the state.
In the Budget proposals of the Finance Minister for the year 2015-2016, the main feature is the unearthing of black money. It is for the first time in the history of Independent India that steps have been announced to make efforts for the unearthing of black money and punishment to whose who conceal their incomes either abroad or in India.
The Lok Satta Party has applauded the government for accepting the 14th Finance Commission's recommendation to grant states a higher share (of 10 per cent more) of the Centre's divisible resources. The commission, headed by YV Reddy, had suggested that the Center pass on 42 per cent of net tax receipts to the states. Accordingly, in 2015-16 states will receive Rs 5.79 lakh crore of the Centre's expected gross tax receipts of Rs 15.67 lakh crore. The share of states will rise 51.55 per cent compared to the 2014-15 estimate of Rs 3.82 lakh crore.
India, with nearly 1.25 billion population of the world, is a country which constitutes nearly 18 per cent of the world's population while having only 2 per cent of the area of the world. Hence, its resources are not enough to deal with the burgeoning population. Therefore, there is a need of population control in India.