-The Telegraph Bhubaneswar: The Naveen Patnaik government has sought the Corporate sector's help to finance its new Aahaar (food) scheme, under which rice and dalma would be served to people at lunchtime for Rs 5. The scheme would be launched on April 1, coinciding with the 79th foundation day of the state, in Bhubaneswar, Cuttack, Berhampur, Sambalpur and Rourkela. It would cater to 25,000 people every day. In Bhubaneswar, the subsidised food will...
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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 »Private interest as public purpose -Ram Singh
-The Hindu The Bill to amend the 2013 land acquisition Act is neither pro-farmer nor pro-poor Next week the economic agenda of the Narendra Modi government will face its biggest test in Parliament. The controversial Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 (LARR) that has been introduced in Lok Sabha is due for consideration of the house on March 9. While the government seems...
More »Putting the ‘universal’ in healthcare -Lant Pritchett & Gulzar Natarajan
-The Indian Express Universal health coverage (UHC) is at the heart of the government's healthcare agenda. The 12th Five Year Plan targets a long-term goal of UHC where "each individual would have assured access to a defined essential range of medicines and treatment at an affordable price, which would be entirely free for a large percentage of the population". But this year's reduced budgetary allocation raises troublesome questions about its ability...
More »Nehruvian budget in the corporate age -Jean Drèze
-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...
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