-Business Standard States will now have to spend from their pockets to keep their social-sector schemes going The 2015-16 Budget seems to have broken the contract between the Centre and the states on sharing the economic burden for delivering social security. The Centre's assistance to the states for social sector schemes has come down from a Budgeted Rs 3.56 lakh crore in FY15 to Rs 2.20 lakh crore in FY16. Effectively, while the...
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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%...
More »Panchayati raj ministry turning irrelevant under PM Narendra Modi regime -Nidhi Sharma
-The Economic Times NEW DELHI: The panchayati raj ministry, created by the UPA government to drive Rajiv Gandhi's idea of empowering gram sabhas, is struggling to remain relevant under the Narendra Modi regime. Finance minister Arun Jaitley, in his Budget presentation, slashed the panchayati raj ministry's plan outlay to a meagre Rs 94 crore in 2015-16 from Rs 7,000 crore this fiscal, and transferred its flagship schemes - the Backward Regions Grants...
More »The Myth of Increased Resources for States -Sona Mitra
-Macroscan.com/ Centre for Budget and Governance Accountability (CBGA) The Government's claim of increased resources to the States is misleading unless the resource pool is substantially increased to cover for cuts in Centrally Sponsored Schemes. Please click here to read more. ...
More »A sketchy road map for health policy -Nidhi Khurana
-The Hindu Much of the National Health Policy document reads like a report of health issues and systemic challenges, and is sorely wanting on policy detail Health impoverishment - falling into poverty due to health care costs - affects 63 million individuals in India every year. This is a damning statistic, especially when read with the fact that 18 per cent of all households face catastrophic health expenditures (health expenditure greater than...
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