-The Telegraph 15 such banks have been opened in Vijayapura district Vijayapura (Karnataka): In times of drought, cattle drive to a goshala (cattle shed) to feed them and driving them back may prove cumbersome. That explains the reason for the declining demand for goshalas in some of the drought-affected districts in the State. If the developments in the drought-affected districts are of any indication, the goshala concept seems to be becoming redundant...
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Health Protection Scheme: Still more work needed -Meenakshi Datta Ghosh
-The Hindu It is critical that the HPS is finalised after considering possible distortions in medical insurance schemes and looking at models that have worked. The Health Protection Scheme (HPS) that was announced in the Union Budget 2016 is more generous than the earlier scheme, the Rashtriya Swasthya Bima Yojana (RSBY). Poor households now get an annual health cover of Rs.1 lakh; the limit under RSBY was Rs.30,000. In principle, the HPS...
More »Revisit Interest subsidy scheme for farmers -Ashutosh Kumar Tripathi
-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards Interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards Interest subsidy. In fact, of the total allocation of Rs. 35,984...
More »Soon, submit income tax return copy to get LPG subsidy -Amitav Ranjan
-The Indian Express The IT Act forbids the income tax department from sharing income details of an assessee unless the Central government specifies an officer, authority or body to receive the data to perform his or its functions under a law. Soon you will have to submit a copy of your income tax return (ITR) every year to the LPG dealer to claim subsidy on cooking gas cylinders. With the voluntary GiveItUp...
More »Chained to debt in life and death -A Narayanamoorthy and P Alli
-The Hindu Business Line The only way this story of the Indian farmer will change is if policymakers ensure better remuneration for them The peasant (in India) is born in debt, lives in debt, dies in debt and bequeaths debt. This is what Sir Malcolm Darling, a famous British researcher and writer, wrote in 1925 after studying the condition of undivided Punjab’s peasants. Had Darling been alive today he would have rephrased his...
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