-Down to Earth The use of tax incentives to attract investments is prevalent around the world. However, there is no definitive data on the global magnitude of incentives granted because not all countries collect and publicly report such data and there is no common methodology for reporting across all countries. Rough estimate by Action Aid (2013) pegs the incentives granted by developing countries from corporate income tax (CIT) at $138 billion....
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Square pegs, round holes -Amartya Lahiri
-The Indian Express Possibly the most problematic aspect of evaluating the budget is the opaqueness of the underlying data. The interest in this year’s Union budget had been high for obvious reasons. It being an election year, there were expectations of a major spending package focused on struggling sectors such as agriculture. The budget didn’t disappoint as the finance minister announced an income support programme for farmers, raised the tax-free income...
More »Not a single rural healthcare centre in 15 states meets govt's minimum quality standards -Himani Chandna
-ThePrint.in CPR report says healthcare centres don’t meet standards designed by health ministry in terms of infrastructure, manpower, medical equipment and drugs. New Delhi: Not a single rural healthcare centre in 15 Indian states meets the bare minimum quality standards — set by the Ministry of Health and Family Welfare — such as establishing essential infrastructure, employing the minimum mandated manpower apart from buying required medical equipment and drugs. The findings are part...
More »PM-KISAN challenge: Centre may end up spending only a fifth before elections -Jitendra
-Down to Earth Lack of land records, poor Aadhar-linkage can cap disbursement at Rs 3,500 cr this financial year The Narendra Modi government may have to be content spending less than a fifth of what it allocated for its much-touted Pradhan Mandhri KIsan SAmman Nidhi (PM-KISAN) for whatever remains of the current financial year. The lack of detailed land records and gaps in Aadhar-linkages for bank accounts can be major roadblocks. Union minister...
More »There is so much confusion about the Pradhan Mantri Kisan Samman Nidhi Yojana
Against the backdrop of the Finance Minister Shri Piyush Goyal announcing the Pradhan Mantri Kisan Samman Nidhi (PMKSN) programme during his budget speech on 1st February, 2019, it becomes essential to differentiate between 12.56 crore operational holding households (enumerated, as per the Agriculture Census) and 13.33 crore ownership holding households (estimated, as per the 70th round National Sample Survey report no. 571) pertaining to size upto 2 hectares. In his budget...
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