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Health ministry claims it had no say in fine print of Niti Aayog plan to privatise some hospitals -Menaka Rao

-Scroll.in The ministry says it will respond to a draft model contract that has been sent to states for comments. The Ministry for Health and Family Welfare has said that it will respond to the Niti Aayog’s draft agreement proposing the terms for privatising district hospitals across the country. As Scroll.in reported, the government policy think tank sent a letter to states in June proposing a model by which private companies...

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How much will a cow cess of Re.1 on petrol generate? -Ragini Bhuyan and Tadit Kundu

-Livemint.com A cow cess of even Re.1 per litre of petrol will be enough to generate funds that will exceed the entire annual budgets of several Union ministries About two weeks ago, Subramanian Swamy, a Rajya Sabha member from the Bharatiya Janata Party (BJP) called for a cow cess of Re1 on petrol to fund gaushalas or cow shelters across the country. Swamy made the comment towards the end of his speech...

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Asim Dasgupta, former Finance Minister of West Bengal, interviewed by AM Jigeesh (The Hindu Business Line)

-The Hindu Business Line Asim Dasgupta, who was Finance Minister of West Bengal for 24 years, was probably the only CPI(M) member who attended Saturday’s event at the Central Hall of Parliament, on the eve of the GST’s launch. In fact, Dasgupta was Chairman of the Empowered Group of State Finance Ministers which prepared the first formulation of GST laws in 2009. He spoke to BusinessLine on the new indirect tax regime,...

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Flawed drug price rules fleeced patients, helped hospitals -GS Mudur

-The Telegraph New Delhi: India's drug pricing rules allow companies to inflate the maximum retail prices of medicines, including life-saving drugs, costing patients thousands of additional rupees while offering slices of the profits to stockists, chemists, and hospitals. Quotations received by hospitals from drug companies' representatives offering discounts on maximum retail prices (MRPs) of medicines provide what some doctors and patients' rights advocates say is fresh evidence for excessive profiteering in India's...

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Note ban has and may continue to result in a slowdown, warns SBI

-PTI Also says that note ban's impact could adversely affect its business The country's largest lender, the State Bank of India (SBI), has expressed apprehensions that demonetisation may continue to result in slowing down of the economy and adversely affect its business. The government had discontinued Rs 500 and Rs 1,000 banknotes from November 9, 2016, and issued new Rs 500 and Rs 2,000 currency notes in exchange for the discontinued ones. The long-term...

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