-The Times of India NEW DELHI: The government is reviewing the tax-free medical reimbursement limit, currently fixed at Rs 15,000 a year, besides looking at making it more attractive for individuals to buy medical insurance policies. Sources said both the issues are being looked at ahead of the Budget with some indicating that there is a possibility that the limit on tax-free medical reimbursement from employers may be raised to Rs 25,000...
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This time we should get health right -Santosh Mehrotra
-The Hindustan Times The drafting of the National Health Policy (NHP) 2015 is an extremely welcome development. The government's decision to announce Health as a Right is a huge advance. Public health spending as a share of GDP barely rose from 0.9 to 1.1% under the previous government. Governments in rich countries have been spending 5% of GDP on health for decades. Why should we welcome the NHP 2015? Countries with...
More »Fertiliser subsidies bills payment to top ₹40,000 cr by March
-The Hindu Business Line Outstanding subsidy bills for the fertiliser sector will exceed ₹40,000 crore by March, according to the Fertiliser Association of India (FAI). Domestic urea manufacturers are the hardest hit with dues amounting to ₹30,000 crore. The industry also sent an ‘SOS' to the Finance Minister appealing to intervene and institute a Special Banking Arrangement to help tide of the liquidity crisis facing fertiliser manufacturers. "While the domestic urea industry is...
More »A budget to transform -Pulapre Balakrishnan
-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
More »Govt to hire consultants to write new umbrella green law -Nitin Sethi
-Business Standard The authority will have the powers to regulate waste management and conduct studies regarding environment and ecology The National Democratic Alliance (NDA) government has invited consultants to redraw the green laws of the country following up on the T S R Subramanian committee report. The consultants to be hired through a bid will help the government draw up an umbrella environmental law, which will subsume the existing legislations, as recommended...
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