-Press Release from Centre for Budget Analysis (CBGA) and Jan Awaaz New Delhi, 29 November 2014: There have been a number of media reports recently around possible cuts in Union Budget allocations for the current fiscal 2014-15 in case of social sector programmes, i.e. reductions in allocations in the Revised Estimates (RE) for 2014-15 as compared to the Budget Estimates (BE) that were made in July this year. This issue deserves...

-The Times of India NEW DELHI: More than 50% of land allotted to special economic zones (SEZs) across the country remains idle, and its very purpose was defeated with no significant increase in employment even as the government's revenue foregone was to the tune of Rs 83,000 crore between 2007 and 2013, the comptroller and auditor general (CAG) has found. Exposing systemic weaknesses in tax administration, a performance audit on SEZs by...

-Business Standard Indian and other generic drug firms face prospect of US legislature debating compensation for undue price rises Indian generic drug makers might, if a proposed US law comes about, need to pay a rebate to the federal Medicaid programme there when prices of their medications outpace inflation. A Bill is to be introduced in the US Senate by a member, aimed to cushion the impact on taxpayers in this manner...

-The Business Standard   NC Saxena, a former member of the National Advisory Council believes that the regulatory regime in the states continues to be oppressive. In an e-mailed interview with Aditi Phadnis, Saxena says that the fundamental problem in India is the low tax-GDP ratio and neither the last government nor the current one seems interested in increasing revenues. Edited excerpts: * The new government appears to be watering down a lot...

-The Hindu Obamacare and other such examples make a compelling case for seeking the right combination of roles for the public and private sector in health reform in India Nail or screw? Which is best to join pieces of wood? In carpentry, the answer is that each offers benefits depending on the application. With health care reform, the choice of public or private sector financing, delivery and regulation is subject to a...