-The Hindu The new Intellectural Property Policy, unveiled by the Finance Minister is in compliance with TRIPS. Finance Minister Arun Jaitley released India’s National Intellectual Property Rights (IPR) Policy recently. The Policy which is in compliance with WTO's (World Trade Organisation) agreement on TRIPS (Trade Related aspects of IPRs), aims to sustain entrepreneurship and boost Prime Minister Narendra Modi's pet scheme 'Make in India.' Here are the highlights: >> The Policy aims 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 »Key drivers for good health -Soumya Swaminathan
-The Hindu This month marks the introduction of the Sustainable Development Goals (SDGs), which aim to dramatically improve lives across the world by 2030. This month marks the introduction of the Sustainable Development Goals (SDGs), which aim to dramatically improve lives across the world by 2030. The SDGs will help countries frame their policies and strategies towards achieving these mutually agreed upon goals and targets. SDG 3, which aims to ensure good...
More »Will Delhi’s odd-even rule work? -Manas Paul, Parijat Upadhyay, and Boishampayan Chatterjee
-The Hindu Business Line It can, with the right approach and changed mind-sets. Tackling pollution’s a bigger issue The odd-even formula is to be tried out once again in April, after its initial trial implementation in January this year. Repeated pilot testing assumes importance as an attempt to initiate behavioural change, making it acceptable before its permanent enforcement over time. If this is so, two obvious questions arise: How effective is the current...
More »Rich feed off subsidies worth over Rs. 1 lakh crore: Economic Survey -TCA Sharad Raghavan
-The Hindu “Commodities that are primarily consumed by the rich have a low tax rate” India’s rich feed off subsidies worth over Rs. 1 lakh crore a year that are meant for the poor, according to the Economic Survey. And this figure only considers the subsidies on six commodities, two public utilities — the Railways and electricity — and one small savings scheme, the Public Provident Fund. “There are a fair amount of...
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