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Tax-free medical expenses cap may be hiked -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: The government is reviewing the tax-free medical reimbursement limit, currently fixed at Rs 15,000 a year, besides looking at making it more attractive for individuals to buy medical insurance policies. Sources said both the issues are being looked at ahead of the Budget with some indicating that there is a possibility that the limit on tax-free medical reimbursement from employers may be raised to Rs 25,000...

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Medicines in India, for India -Pavan Srinath

-The Hindu Tropical diseases have often been neglected by pharmaceuticals because the size of the drug market is smaller, people have lower incomes and companies are uncertain about IPR January marked an important breakthrough in the fight against tropical diseases. Researchers and the International Centre for Genetic Engineering and Biotechnology (ICGEB) in Delhi found a drug candidate that prevented TB and malaria pathogens from infecting human blood cells. It is not just that...

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The debt story less told -KP Prabhakaran Nair

-The Hindu Business Line   Small and marginal farmers in rainfed regions are trapped in a losing battle with agriculture - and with life The lot of the poor Indian farmer keeps deteriorating with the passage of time. According to the National Sample Survey Office (NSSO) data released on December 19, 2014, during the last decade, the bloated debt of Indian agricultural households increased almost 400 per cent Even the number of heavily...

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Why ending poverty in India means tackling rural poverty and power -Vanita Suneja

-Oxfam Blog Vanita Suneja, Oxfam India's Economic Justice Lead, argues that India can't progress until it tackles rural poverty. This entry was posted on 3 February 2015. More than 800 million of India's 1.25 billion people live in the countryside. One quarter of rural India's population is below the official poverty line - 216 million people. A search for economic justice for a population of this magnitude is never going to be...

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A fuel’s errand -Santosh Mehrotra

-The Indian Express The finance minister plans to scrap the supply of subsidised kerosene through the public distribution system (PDS) and high time, too. To begin with, why has the kerosene subsidy needed reform for decades and yet reform never materialised? Kerosene obtained through the PDS, being cheaper, is used to adulterate diesel and petrol. Kerosene leakages in the PDS are estimated to be 40 per cent of total allocations. The diversion...

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