-The Hindu The Budget Session of the Indian Parliament will be held from Feb. 23 to May 13, 2016 with 31 sittings in all. The agenda for this government, caught in the midst of various political storms such as Rohith Vemula’s suicide and the crisis at Jawaharlal Nehru University, would be to draw consensus among all MPs for 12 essential Bills. Most of them — listed below — have already been...
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States demand more money from Centre ahead of Budget
-Business Standard We should work in unison to boost growth: FM Even as the Centre harped on devolving higher share of funds to states following the recommendations of the 14th finance commission, the latter demanded that they be given more money and the Union government should retain its share of funding for centrally-sponsored schemes in the upcoming Budget. At the pre-Budget meeting with Finance Minister Arun Jaitley on Saturday, states also sought more...
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »Move to Tax Sugar Beverages in India Welcomed by Public Health Advocates
-Press Release from India Resource Center New Delhi: A proposal to tax sugar sweetened beverages like tobacco in India is being welcomed by public health advocates. The proposal to increase sin taxes on aerated drinks is part of the recommendations made by India’s Chief Economic Advisor Arvind Subramanian on the upcoming Goods and Services Tax (GST) bill in the parliament of India. Taxation to reduce consumption of tobacco has been successful when used...
More »In land Bill setback, BJP sees a silver lining of ‘competing states’ - Liz Mathew
-The Indian Express The BJP argued that the “competitive federalism” created by the move would put the onus of development on Congress-ruled states Even as the Congress claimed credit for the NDA government’s retreat on the land acquisition Bill, the BJP argued that the “competitive federalism” created by the move would put the onus of development on Congress-ruled states and would give BJP the political mileage in the states where it...
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