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Selling government data to the private sector: It's complicated

-The Telegraph There are concerns that the proposal in the Economic Survey would end up privatizing a public good The Economic Survey has proposed that data of citizens obtained by the government be monetized for social benefits. It has claimed that data are a public commodity and, hence, people should benefit from large data sets. It has been proposed that data should be sold by the government to private entities like corporations...

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How the 16th Lok Sabha fared -MR Madhavan

-The Hindu Important Bills were passed; but going forward there must be debate on the anti-defection law The 16th Lok Sabha had its final sitting last Wednesday, marking an end to a disappointing five-year period. This Lok Sabha was surpassed only by the preceding one in terms of the low number of hours it worked. It met for 1,615 hours, 40% lower than all full-term Parliaments. This shows a decline in the...

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No more tax! Medical Bills in Kerala likely to come down

-The New Indian Express In a major relief to in-patients, the Kerala High Court on Friday said medicines, implants and other materials used during procedures at hospitals do not constitute sale and sales tax cannot be levied KOCHI: Medical Bills in hospitals across the country are skyrocketing, but Kerala may see a downward trend. In a major relief to in-patients, the Kerala High Court on Friday said medicines, implants and other...

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Farm Loan Waivers and Corporate Defaulters are Two Sides of the Same Coin -Seshadri Kumar

-TheWire.in Why is Rs 1.84 lakh crore a "frightening challenge" for banks, but Rs 10.17 lakh crores not? The great farm loan waiver debate is back. The Congress kicked it off this time with the announcement of waivers in the newly-elected governments of Chhattisgarh, Madhya Pradesh, and Rajasthan. This was followed up by similar announcements from BJP-ruled Gujarat and Assam. Rahul Gandhi even went onto to demand a nation-wide farm loan waiver from...

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CAG Criticises Modi Govt For Using Creative 'Off-Budget Financing' Techniques

-TheWire.in The national auditor believes that such methods allow the Centre to understate the true fiscal and revenue deficits in a given year. New Delhi: India’s national auditor has raised red flags over the Narendra Modi government’s propensity to borrow funds using “off-budget” methods, a practice that allows it to finance capital and revenue spending while maintaining deficit targets. The criticism comes from an audit report tabled in parliament on Tuesday, but is...

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