-The Hindu Opposition parties, including the newly resurgent Aam Aadmi Party, a slew of people's movements and even RSS affiliates, have decided to join hands to challenge the Centre on the controversial Land Acquisition Ordinance. Emboldened by the results of the Delhi Assembly elections, these groups plan to hold protests together in the capital from February 22 to 24, coinciding with the start of the Budget Session of Parliament. For the ruling NDA,...
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Tax-free medical expenses cap may be hiked -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The government is reviewing the tax-free medical reimbursement limit, currently fixed at Rs 15,000 a year, besides looking at making it more attractive for individuals to buy medical insurance policies. Sources said both the issues are being looked at ahead of the Budget with some indicating that there is a possibility that the limit on tax-free medical reimbursement from employers may be raised to Rs 25,000...
More »Ahead of Budget, PM Modi Promises More Reforms
-PTI Pune: Ahead of the Budget, Prime Minister Narendra Modi on Saturday assured investors more reforms as he rolled out the red carpet to multinationals, inviting them to make use of the large pool of highly talented youth in the country. "I invite all those who want to participate in the economic development of the country to generate employment for our youth. Your (investors) growth is also linked to our growth," the...
More »A budget to transform -Pulapre Balakrishnan
-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
More »Medicines in India, for India -Pavan Srinath
-The Hindu Tropical diseases have often been neglected by pharmaceuticals because the size of the drug market is smaller, people have lower incomes and companies are uncertain about IPR January marked an important breakthrough in the fight against tropical diseases. Researchers and the International Centre for Genetic Engineering and Biotechnology (ICGEB) in Delhi found a drug candidate that prevented TB and malaria pathogens from infecting human blood cells. It is not just that...
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