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Swachh Bharat may add 1% extra service tax to 5-star hotel bills

-The Times of India NEW DELHI: The government has identified five "high-end services", including bills in four- and five-star hotels, which will attract additional service tax to fund Prime Minister Narendra Modi's Swachh Bharat campaign, and leave a slightly bigger dent in your pocket. Sources, however, indicated that against an "enabling provision" of levying up to 2% cess over the 14% service tax, the government is expected to notify an additional 1%...

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Putting the ‘universal’ in healthcare -Lant Pritchett & Gulzar Natarajan

-The Indian Express Universal health coverage (UHC) is at the heart of the government's healthcare agenda. The 12th Five Year Plan targets a long-term goal of UHC where "each individual would have assured access to a defined essential range of medicines and treatment at an affordable price, which would be entirely free for a large percentage of the population". But this year's reduced budgetary allocation raises troublesome questions about its ability...

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Nehruvian budget in the corporate age -Jean Drèze

-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...

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Budget 2015-16 takes a leap towards market fundamentalism: CBGA

-Centre for Budget and Governance Accountability (CBGA) Press Release   New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...

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National Health Policy 2015: A Narrow Focus Needed -Javid Chowdhury

-Economic and Political Weekly Since independence, India's national health policies have been aspirational but the end results have been limited. The National Health Policy 2015, which is in the process of being finalised, should, in place of the earlier "broadband" approach, adopt a "narrow focus" on primary healthcare through the National Rural Health Mission. The latter has focused on primary healthcare and has shown visible results. A slew of suggestions as...

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