-Business Standard Cess, surcharges come in handy New Delhi: Looking to leave its political imprint over spending in rural India, the National Democratic Alliance (NDA) government has budgeted for a massive 31 per cent hike in its share of spending on nine big-ticket centrally sponsored schemes (CSS) in 2016-17 over last year's budgetary allocation. Last year's Budget mantra of 'cooperative federalism' has been sidestepped to favour political exigencies. To fund these schemes, which...
More »SEARCH RESULT
Union Budget 2016-17: Mere eyewash or some concrete steps
In the age of social media, various sections of the Indian polity and civil society have reacted publicly in diverse voices, following the presentation of the Union Budget 2016-17 by Finance Minister Shri Arun Jaitley. An assessment of the Union Budget 2016-17 has been done in the following paragraphs by the Inclusive Media for Change team, based on a number of media reports, Government documents (including the Budget documents), and reports...
More »Ministry moots National Social Security Authority -Somesh Jha
-The Hindu The Labour Ministry has mooted the idea of forming a National Social Security Authority, chaired by Prime Minister Narendra Modi, and a separate Social Security Department within the ministry to provide social security to the entire population in a bid to prop up the government’s pro-worker credentials, according to a concept note reviewed by The Hindu. The authority may have all the ministers and secretaries of all ministries dealing with...
More »Heart care costs beat cover: Study
-The Telegraph New Delhi: One in five patients in India treated for heart attacks had to pay over a third of their annual household income from their pockets despite health insurance, according to a study that doctors say highlights poor health care protection. The study probing the financial impacts of serious acute coronary events in a sample of 1,635 patients from 41 hospitals across the country has also found that 60 per...
More »Pulled to the Centre -Prabhat Patnaik
-The Telegraph The Narendra Modi government's decision to abolish the National Development Council is a further blow against the federal structure of our republic. True, the NDC did not have a constitutional status, and differed in this respect from the Inter-State Council, whose activation was often demanded by the Left, precisely because it was a constitutional body, for deciding inter alia on the composition and terms of reference of finance commissions....
More »