-Press Release from India Resource Center New Delhi: A proposal to tax sugar sweetened beverages like tobacco in India is being welcomed by public health advocates. The proposal to increase sin taxes on aerated drinks is part of the recommendations made by India’s Chief Economic Advisor Arvind Subramanian on the upcoming Goods and Services Tax (GST) bill in the parliament of India. Taxation to reduce consumption of tobacco has been successful when used...
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Centre invites critic Jean Dreze to economics meet, then snubs him
-The Times of India NEW DELHI: Jean Dreze, eminent economist and a former member of the National Advisory Council during the UPA regime, was dropped from a high profile economics conference organized by the finance ministry. Dreze, who has been critical of some of the measures of the NDA government, was invited to speak at the Delhi Economics Conclave on Friday. "This is the invitation I received and accepted some time ago. On...
More »Poverty rate in India lowest among nations with poor population -Lalit K Jha
-Livemint.com/PTI According to a World Bank report, the number of people living in extreme poverty around the world is likely to fall to under 10% of the global population in 2015 Washington: India accounted for the largest number of poor people in any country in 2012, but its poverty rate was lowest among countries having large number of poor population, a latest World Bank report has said. According to the report,...
More »Official Claims of Huge Savings from Direct Benefit Transfer for LPG Don’t Add Up -Damon Vis-Dunbar, Kieran Clarke and Shruti Sharma
-TheWire.in Since April 1, 2015, India’s cooking gas subsidies have been distributed solely by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas scheme (otherwise known as DBTL or PAHAL). Under this system, which has replaced the direct sale of cooking gas cylinders at subsidised prices, households place an order for LPG with their gas distributor, receive an amount equivalent to the current subsidy amount via electronic transfer to...
More »Supreme Court panel says no to mega rail link through Western Ghats -Jay Mazoomdaar
-The Indian Express A joint venture between the Railways and the Karnataka government, the original project involved construction of 329 bridges and 29 tunnels, and required felling of more than 2.5 lakh trees on 965 hectares of forest land. The Rs 2,315-crore Hubli-Ankola railway line, cutting across the Western Ghats in Karnataka, has been shown the red signal by a Supreme Court panel on forest and wildlife, which said that the...
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