-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
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There’s a fog over net neutrality -Rohit Prasad & V Sridhar
-The Hindu We need to apply a new credo, digital dynamism, that recognises the complex web that is the internet today An unseasonably warm new year has been substituted by a densely spewing fog over the concept of net neutrality. Net neutrality is a specific approach to the economic regulation of the internet. It is based on the premise of the ‘end to end design principle’, in which traffic on the internet is...
More »Think different on infrastructure
-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....
More »Is the economy sick? -Salman Anees Soz
-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
More »Govt readies Aahar for one lakh people -Subhashish Mohanty
-The Telegraph Bhubaneswar: The Naveen Patnaik government has decided to extend the cheap lunch scheme - Aahar - to all the district headquarters and 16 select urban local bodies from March 1. The government now plans to provide the cheap meals to nearly one lakh people across the state in the first phase, sources said. The move will coincide with the launch of centenary celebrations of Biju Patnaik. Final touches to the plan...
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