-The Indian Express Operation Greens must build forward and backward linkages between farmers and markets. It can learn from Operation Flood. The finance minister announced Operation Greens, on the lines of Operation Flood, with a seed capital of Rs 500 crore in his speech on February 1. Three days later, the Prime Minister backed the scheme at a parivartan rally in Bengaluru. He said farmers are his TOP priority — T is...
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Topping NITI Aayog Health Index may deprive Kerala of Incentives -C Maya
-The Hindu Being at the top of the game is not always rewarding. So it would seem, going by Kerala’s story. In the first-ever Health Index initiative spearheaded by NITI Aayog, Kerala has emerged on top as far as overall performance is concerned. But in terms of incremental progress, it ranks 21 because the targets for many of the indicators by which the States are being measured were achieved by Kerala way...
More »Primary Mistake -Soham D Bhaduri
-The Indian Express Budget’s bias toward privately-delivered care undermines universal health coverage Until about four decades ago, specialist healthcare (secondary and tertiary care) was largely a province of public hospitals, and the private sector largely kept itself to the provision of generalist healthcare. This underwent a transformation with the rise of the advanced medical interventions comprising tertiary-care medicine like organ transplantation and open heart surgery. Given these highly-profitable medical advances, the private...
More »Size of tax rebates is large as compared to spending by agricultural & rural development ministries
Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...
More »Richest companies have the lowest tax liability -Tina Edwin
-The Hindu Business Line They milk tax breaks in ways that smaller firms can’t, paying only 23.9% tax on average New Delhi: India’s most profitable companies paid 23.9 per cent tax on an average on their profits for financial year 2016-17, about 10.7 percentage points lower than the statutory rate of 34.6 per cent, helped by a wide range of concessions and Incentives, the latest Budget documents show. These companies, 335 in all,...
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