-The Hindu For any skill development effort to succeed, markets and industry need to play a large role in determining courses, curriculum and relevance The Union Budget 2015 paved way for the launch of a much-awaited National Skills Mission to complement Prime Minister Narendra Modi's ‘Skill India' and ‘Make in India' exhortations. However, much work needs to be done on the ground for the government to prove that this step is a...
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Driven to distress -R Krishnakumar
-Frontline Kerala is facing a situation where health care costs are leading more and more people, not just low-income families, to financial distress. KERALA is once again drawing attention to itself, this time for a persistent trend of a large number of households being pushed into financial ruin because of the expenses incurred for medical care. Several studies have now found evidence for the many facets of this worrying development in a...
More »Nearly half of India's Entrepreneurs are women: Study -Ananya Dutta
-The Times of India PUNE: Three years after she graduated from business school, Bhagyashri Dixit took the plunge and set up her own graphic T-shirt brand to fulfil a lifelong dream of setting up her own enterprise. Five years after the brand - SheepStop - had found its feet, Dixit gave birth to her son and is now able to balance her responsibilities towards work and home. "Setting up your own business...
More »Budget for huge increase in DBT -Puja Mehra
-The Indian Express Benefits of Rs.33,000 crore will flow every year to the accounts of beneficiaries The Union Budget 2015-16 proposes a 10-fold scaling up of direct benefit transfers (DBT) during the next financial year as a key expenditure control measure. The move is expected to lead to accurate targeting of beneficiaries, de-duplication, reduction of fraud and elimination of waste and leakage in public programmes and schemes. The total number of beneficiaries under 35...
More »Highlights of Union Budget 2015
-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...
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