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Govt will not impose any tax on agriculture income, clarifies FM Jaitley -Arup Roychoudhury, Sanjeeb Mukherjee & Archis Mohan

-Business Standard NITI Aayog says Debroy's views 'personal' Finance Minister Arun Jaitley said on Wednesday that the Narendra Modi government will not impose any tax on agriculture income. This came after Bibek Debroy, member of the Centre’s main think-tank, the NITI Aayog, seemed to suggest in an interaction with reporters on Tuesday that taxes should be imposed on farm income above a certain threshold to expand the tax base. The Aayog, however, said Debroy’s...

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Placed on FCRA blacklist, PHFI worked with govts, from Chhattisgarh to North East -Abantika Ghosh

-The Indian Express In 2015, the BJP government of Chhattisgarh, represented by health minister Ajay Chandrakar, signed an MoU with PHFI to upgrade specialist doctors in Naxal-hit Bastar. SINCE last week, the top public health NGO Public Health Foundation of India (PHFI) has been in the crosshairs of the NDA government, barred from accepting foreign funds. But not very long ago, it was the preferred partner of not just the UPA...

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Govt's generic push will dent Rs 90,000-cr branded pharma market -Veena Mani & Aneesh Phadnis

-Business Standard To make medicines cheaper, in another measure, govt added 200 drug formulations to NLEM list New Delhi/ Mumbai: Pharma companies may soon start wooing chemists as the Narendra Modi government plans to make it mandatory for doctors to prescribe pure-generic drugs, instead of branded generics as they do now. Though the plan was first announced in this year’s Budget, the prime minister spoke about it for the first time at a...

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In search of a job -Muthukumar K & Seetharaman R

-The Hindu Business Line Prime Minister Narendra Modi promised one crore jobs during the 2014 elections. At the present rate of job creation, this will take 30 years. Muthukumar K and Seetharaman R report on the employment crisis Raj Abraham (name changed on request), a first-year student at a leading management institute in Chennai, is a bit anxious these days. Ask him how his seniors are faring in campus placement and the...

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Cheap generic vs costly branded: Issues in picking right drug in India -Kaunain Sheriff M

-The Indian Express Prime Minister Narendra Modi wants doctors to prescribe generic medicines over branded ones. KAUNAIN SHERIFF M answers key questions on the pricing of drugs and beyond. * What exactly has Prime Minister Narendra Modi said on generic drugs? Speaking in Surat on April 17, the Prime Minister referred to the Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP), which aims to provide cheaper medical drugs to the people. “In the coming days,...

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