-First Post A lot has been written in recent weeks about crony capitalism, but an important issue for the media to introspect over is this: can this happen without significant amounts of crony journalism? When media companies begin to think they can run coal plants, surely this compromises them (Lokmat Group, DB Corp). When political parties think they ought to own media houses or be aligned to one (YSR Congress’ Sakshi, the...
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Government to assure, not insure, health--Vidya Krishnan and Anuja
-Live Mint NAC wants Rashtriya Swasthya Bima Yojna to be absorbed into new policy for universal health coverage The National Advisory Council (NAC), which sets the policy agenda for the Congress party led United Progressive Alliance (UPA) government, wants the Rashtriya Swasthya Bima Yojna (RSBY) insurance scheme to be absorbed into the new policy for universal health coverage (UHC), taking the latter closer to realization. This is part of the government’s bid to move...
More »The Parthasarathi Shome Committee Report-Prabhat Patnaik
-Macroscan.com In his speech introducing the 2012-13 budget, the then Finance Minister Pranab Mukherjee had declared his intention to introduce a General Anti-Avoidance Rule (GAAR) to counter ''aggressive tax avoidance schemes''. What GAAR means is that even if a transaction appears to be legally valid, if it is entered into for the sole purpose of tax avoidance, then the Indian tax authorities can deny tax benefit to the concerned entity. GAAR...
More »Anonymous donors 'run' political parties in India, Congress tops the list -Ashish Tripathi
-The Times of India LUCKNOW: The major source of the income of political parties in India is through donations and voluntary contributions. However, majority donations comes from undisclosed contributors. According to the study conducted by the Association of Democratic Reforms (ADR), an umbrella body of non-governmental organizations working across the country for transparency in political and electoral system, the top five political parties with the highest total income between financial year (FY)...
More »Political parties log Rs 4,662 cr income
-The Indian Express Political parties in India have 'earned' a whopping Rs 4,662 crore through donation and other sources since 2004 with the ruling Congress at the top with an income of Rs 2,008 crore followed by BJP at Rs 994 crore, two NGOs claimed today. Relying on the IT returns and list of donors submitted to the Election Commission for the period 2004-2011, Association for Democratic Reforms and National Election Watch...
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