-The Indian Express Since January, beneficiaries have been asked to authenticate their identity using fingerprints to avail foodgrain they are entitled to under the Food Security Act. New Delhi: “Agar machine hata di jaaye, toh bohot acha hai.” As 60-year-old Shanno Devi said these words, 200 people gathered at a hall in central Delhi broke into applause. “Public pareshaan hai,” she added. Devi was talking at a public hearing on Monday about the...
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Richest companies have the lowest tax liability -Tina Edwin
-The Hindu Business Line They milk tax breaks in ways that smaller firms can’t, paying only 23.9% tax on average New Delhi: India’s most profitable companies paid 23.9 per cent tax on an average on their profits for financial year 2016-17, about 10.7 percentage points lower than the statutory rate of 34.6 per cent, helped by a wide range of concessions and incentives, the latest Budget documents show. These companies, 335 in all,...
More »Union Budget 2018: Poor diagnosis, wrong medicine -Sourindra Mohan Ghosh & Imrana Qadeer
-The Indian Express The focus in the Union Budget on tertiary healthcare at the cost of primary and secondary healthcare is flawed. A publicly-financed health insurance scheme is no substitute If the past three Union budgets were any indication, this budget’s approach to the health sector should not have surprised anyone. The prescription in the National Health Policy (NHP) 2017 to increase the government’s (Centre and the states together) health expenditure from the...
More »Healthcare plan rollout by October 2; 40% funding by states -Durgesh Nandan Jha and Mahendra Singh
-The Times of India NEW DELHI: The government's ambitious mega health care programme for 10 crore poor families will roll out by October 2 and is to be funded in a 60:40 proportion by the Centre and states, with the premium per family estimated at Rs 1,000-1,200. Ten crore families or 50 crore beneficiaries, classified as 'deprived' in the socio-economic caste census of 2011, will be covered by the scheme. It will...
More »The opaque 1% -Lucas Chancel & Thomas Piketty
-The Indian Express More transparency is needed for Indian society to have an informed debate about rising inequality In a recent study titled ‘Indian income inequality dynamics (1922-2014): From British Raj to Billionaire Raj?’ published on WID.world, we presented new estimates of the distribution of national income in India, from 1922, when the income tax was introduced, up to 2014. In this study, we systematically combine the best available data at hand...
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