-The Business Standard The Union Budget shows the charitable instincts of the government continuing to overwhelm it - though some would call it part inefficiency and part helplessness. The exemptions given to citizens on the tax they ought to pay have been exceeding the Plan expenditure, and even the total fiscal deficit as it did in 2012-13. This has prompted criticism from the Left parties and activists, who view it as evidence...
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Budget 2013: CPI(M) Slams Tax 'Concessions' to the Rich
-Outlook The CPI(M) today castigated the government for foregoing over Rs 5.73 lakh crore as tax revenues by granting tax concessions to the rich, saying the amount was Rs 53,000 crore more than the fiscal deficit. "The budget proposals will further enrich the rich and impoverish the poor," senior CPI(M) Leader Sitaram Yechury told reporters while reacting to the 2013-14 Budget. Quoting data presented in the budget, he said the aggregated revenue foregone...
More »Left Leaders meet PM, hand over 4 crore signatures for food security law
-The Times of India Leaders of four Left parties "CPM, CPI, RSP and Forward Bloc" on Tuesday handed over a memorandum signed by four crore people demanding effective food security law to the prime minister. Left Leaders, including Prakash Karat (CPM), S Sudhakar Reddy (CPI), Debabrata Biswas (Forward Bloc) and T J Chandrachoodan (RSP) met Prime Minister Manmohan Singh and urged him to bring a food security legislation in the ongoing budget...
More »Union Budget 2013: Food Bill a promise of the UPA government, says Chidambaram
-NDTV Finance Minister P. Chidambaram has earmarked Rs. 10,000 crore as incremental cost to implement the Food Security Bill, which he described as a promise of the UPA government. A centrepiece of the ruling government's campaign in 2009, the Bill was cleared last month by a parliamentary committee. The Bill says 75 per cent of the rural population and 50 per cent of the poor in urban India - about 800 million people...
More »More people than ever have hearing loss that can be improved or treated, UN reports
-The United Nations More than 360 million people have disabling hearing loss, according to new global estimates released by the United Nations World Health Organization (WHO), which adds that production of hearing aids is not keeping up with the urgent demand. “Current production of hearing aids meets less than 10 per cent of global need,” WHO’s Shelly Chadha of the Department of Prevention of Blindness and Deafness said in a news release...
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