-The Hindu Among other things, the government must work towards giving life to the National Health Policy Even as millions of Indians wish each other health, happiness and hope in the new year, they also await news on the new National Health Policy which will become the GPS in our journey towards better health. The draft policy, which was framed by the Union Health Ministry, was placed for public comment just over...
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Cess proceeds in a black hole
-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...
More »Rs. 1.4 lakh crore cess money lies idle -TCA Sharad Raghavan
-The Hindu The funds collected can be used only for the designated purpose and cannot be diverted More than Rs. 1.4 lakh crore of funds collected by the government under various cesses for purposes as varied as higher education, road development and the welfare of construction workers are lying unutilised, shows an analysis by The Hindu of a Comptroller and Auditor-General report on government finances and answers by Ministers in the Lok...
More »Swachh Bharat: World Bank approves Rs 10,000-crore loan to support campaign
-PTI As per World Bank statistics, of the 2.4 billion people who lack access to improved sanitation globally, more than 750 million live in India, with 80% living in rural areas. The World Bank has approved a $1.5 billion (nearly Rs 10,036.5 crore) loan for the ambitious Clean India campaign to support the Indian government in its efforts to ensure all citizens in rural areas have access to improved sanitation and...
More »India Inc needs more time to spend meaningfully -Radhika Merwin
-The Hindu Business Line Indian corporates are just settling in to the regime of mandatory spends on CSR activities. The Centre has so far been lenient and has allowed them to spend less than the required amount as long as they disclose the reason. Many companies, which have fallen short, have listed a variety of reasons for this short-fall. This varies from the need for more time to identifying the right CSR...
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