Madrasa managements across the country are keenly watching the budget session of Parliament. No, they are not looking forward to the kind of budget that will be presented by the Finance Minister. Their anxiety is to see the promised Relief coming in the Right to Education (RTE) Act for minority institutions. The government has promised to bring amendments to certain sections of the Act seen as having a ‘negative impact'...
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Cheap generics no panacea for India's poorest
-Reuters Cheap generic drugs were meant to change the life of Nandakhu Nissar, whose mouth is swollen by a cancerous tumour. But the cashless and hungry 55-year-old sleeps on a pavement staring up at the windows of Mumbai's biggest cancer hospital. "What is a generic drug?" shrugs Nissar, who has travelled over 1,500 kms (900 miles) from his home in the hope of treatment. "I have borrowed money from friends and relatives...
More »Pranab banks on indirect tax hike-Ashok Dasgupta
Token Relief to individual taxpayers will cost the exchequer Rs. 4,500 crore In a “pragmatic and domestic growth-oriented” budgetary exercise aimed at shoring up investor confidence and investment, Union Finance Minister Pranab Mukherjee on Friday sought to tap indirect taxes, especially service tax, to rake in an additional Rs. 45,940 crore into his kitty. Presenting the budget for 2012-13 in Parliament, Mr. Mukherjee provided a token Relief to individual taxpayers that will cost...
More »Downward slide in the summer of our discontent-Sitaram Yechury
An opportunity has been forsaken to strengthen our economic fundamentals while improving the lives of the people, increasing the divide between India Shining and India Suffering. While the people were hoping for Relief in the current budget, the Finance Minister was faced with the task of reversing the slowing growth rate and raging inflation. He had a choice in this budget. He, however, chose a path that is going to worsen...
More »Job scheme pioneer Rajasthan now lagging behind by Sunny Sebastian
MGNREGS figures register a decline in desert State; Haryana forges ahead in the race Is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the much talked about flagship programme of the United Progressive Alliance government, losing steam in Rajasthan? Doubts over the credibility of the scheme have sprung up in the State that ironically pioneered the right to employment movement in the country. Today Rajasthan lags behind its neighbour Haryana in...
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