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Business by other means -Ajoy Ashirwad Mahaprashasta

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

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Growing crisis of drug prices

-The Hindu India’s drug price control order, which is vital to the availability of affordable essential medicines, has been whittled down to the point of becoming insignificant. While the number of price-controlled medicines has dwindled over the past three decades, from 347 to 74, the pharmaceutical industry has been pursuing super profits. The High Level Expert Group of the Planning Commission on Universal Health Coverage noted in its report that price...

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CIC to seek political parties’ assets details from I-T dept

-PTI The CIC will seek a report from income tax department and directorate of estate regarding tax exemptions claimed by political parties and their assets to ascertain whether there is enough indirect funding from the government to bring them under the ambit of RTI Act.  The CIC is considering the case whether political parties, which receive benefits from the government in the form of subsidised buildings for offices, free air-time and various...

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Decision on including political parties under RTI may be delayed-Anuja

-Live Mint Central Information Commission is unclear on the key issue of funding by Central and state governments  A decision on including political parties under the Right to Information (RTI) Act may get delayed by more than a month as the Central Information Commission (CIC), which is hearing the case, is unclear on the key issue of funding by Central and state governments. At the heart of the argument is whether parties receive...

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