-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
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DBT in kerosene will help in better targeting of subsidy: FinMin
-PTI New Delhi: Direct transfer of kerosene subsidy to the bank accounts of users will help in better targeting of the benefits to those who actually deserve it, the Finance Ministry said today. The government had last night said it will roll out the Direct Benefit Transfer (DBT) scheme for kerosene from April 1 where the users will buy the cooking fuel at market rate but will get financial support directly in...
More »Govt mulls universal health insurance -Dilasha Seth
-Business Standard The government is holding talks with states providing cashless health insurance, such as Karnataka, Tamil Nadu and Gujarat After providing life cover and accident cover, the government is now working on a universal health insurance plan. To begin with, it will provide a seamless solution to the existing cashless health schemes in states by integrating those with the Centre's direct benefits transfer (DBT) platform. Later, these would be scaled up. "Encouraged...
More »Direct transfer of kerosene subsidy -TCA Sharad Raghavan
-The Hindu In a big reform push, the Centre on Friday announced a scheme to implement direct benefit transfers for kerosene subsidies starting April 1, as is already being done for LPG users, by incentivising States to make the transition. Chhattisgarh, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Maharashtra, Punjab, and Rajasthan have already agreed to initiate the scheme in a few of their districts. Together, these States will implement DBT for kerosene...
More »How much land is actually cultivated in India? -Roshan Kishore and Dipti Jain
-Livemint.com NSSO report on land and livestock holdings estimates that around 95 million hectares of land was classified as operational holdings in 2012-13 New Delhi: How much land is actually cultivated in India? Depending on the data source, you might have to give or take the total area of France. Consider this: The latest National Sample Survey Organization (NSSO) report on land and livestock holdings estimates that around 95 million hectares of...
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