-PTI Budget 2016: Finance Minister Arun Jaitley faces a tough task of balancing the needs of farm sector as well as the industry when he presents his third and challenging Budget tomorrow as he seeks to garner resources to boost public spending for higher growth amid global headwinds. On the income tax front, the Budget may continue with the status quo on the tax slabs while it may tinker with the exemptions. Rising...

-The Hindu Business Line The absence of a strong framework can hold up productivity improvements. But GEAC is better than having no regulator at all The clamour for the state to regulate (as against the powers of the legally mandated regulatory agency), field trials of bio-technology seeds for cotton and then mustard, is truly extraordinary. It has serious long-term consequences for the economy. The challenges to the Genetic Engineering Advisory Council’s powers to regulate the...

-Livemint.com The claims that Right to Education is forcing the closure of thousands of schools is false or ludicrously exaggerated Most of us who work with school education have been completely mystified by media reports and related opinion pieces which claim that thousands of private schools are being shut down because of the Right to Education Act (RTE). We (Azim Premji Foundation) conducted a field study to investigate this matter. Getting valid and...

-Hindustan Times The Modi government is looking to address a worrying agrarian crisis with a set of schemes and Budget provisions aimed at ramping up the larger rural economy, rather than just the farm sector, people familiar with the development told HT. Budget 2015-2016 is likely to provide for a more effective Pradhan Mantri Krishi Sinchayin Yojana, a flagship scheme announced last year to create irrigation infrastructure, with substantially higher allocations. The...

-The Telegraph New Delhi: One in five patients in India treated for heart attacks had to pay over a third of their annual household income from their pockets despite health insurance, according to a study that doctors say highlights poor health care protection. The study probing the financial impacts of serious acute coronary events in a sample of 1,635 patients from 41 hospitals across the country has also found that 60 per...