-Outlook The CPI(M) today castigated the government for foregoing over Rs 5.73 lakh crore as tax revenues by granting tax concessions to the rich, saying the amount was Rs 53,000 crore more than the fiscal deficit. "The budget proposals will further enrich the rich and impoverish the poor," senior CPI(M) leader Sitaram Yechury told reporters while reacting to the 2013-14 Budget. Quoting data presented in the budget, he said the aggregated revenue foregone...

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

-The Times of India Railway minister Pawan Kumar Bansal on Tuesday announced many initiatives in his Rail Budget 2013 speech that will bring cheer to middle-income passengers. From better e-ticketing facilities to free wi-fi on select trains, the Railway Budget will lead to implementation of many passenger friendly measures. Here is a look at some of them: 1) e-ticketing through mobile phones. Project of SMS alerts to passengers providing updates on reservation status. In...

-The Indian Express At a time when targeted therapies work like magic bullets killing cancer cells and sparing normal ones, only 15-20 per cent child victims of the disease are treated in India due to lack of diagnosis and access to treatment. With cancer affecting approximately 60,000 children in the country annually, the Lancet Oncology series released Tuesday is a wake-up call to the government to deal with the challenge of...

-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...