-The Hindu India ranks among the lowest in the world in public spending on health, but the private spending is one of the highest. The National Sample Survey Organisation’s report (2006) shows over 35 per cent of people who are hospitalised fall below the poverty line because of the expenses that follow, and over 40 per cent have to borrow or sell assets to pay for their care. Private sector provision...
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New water usage norms to encourage conservation
-The Economic Times The government plans to intervene in the use of water by industries and encourage conservation of the increasingly scarce resource by setting up a 'bureau of water-use efficiency' to grade various sectors and issue guidelines, official sources said. "We'll start with the industries and analyse whether they are water friendly or not," said a senior official at the ministry of water resources. For this, the ministry has roped in industrial...
More »Auction can’t be sole route, govt tells SC
-PTI The government today told the Supreme Court that “auction cannot be the only permissible method for disposal of natural resources” and a uniform policy on their distribution was “neither practical nor can it subserve the common good”. The Centre also said the allocation of natural resources was a policy matter and beyond the purview of judicial review. The submissions came in response to questions by the apex court on the Presidential Reference...
More »Job portal for disabled-Ananya Sengupta
Soon, the country’s estimated 40 million people with disabilities will be able to track job opportunities at the click of a mouse. www.jobability.org will be launched tomorrow at a national conference on livelihood for persons with disability held by business chamber ficci. The site is designed to be friendly for the disabled and will be exclusively for use by such people. The portal, the first such initiative in South Asia that...
More »Indian tax system, black money and tax havens-PR Srinivasan
Drug smugglers and third-world dictators laundering ill-gotten wealth through secretive banking systems in tax havens is an anachronistic image from crime novels. Leveraging US' remarkable success in compelling tax havens to block terrorist financing, the G20/OECD have successfully persuaded tax havens to improve tax transparency and participate in an international regime of information exchange. All tax havens have committed to OECD standards for tax transparency and are executing Tax Information Exchange...
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