-The Indian Express The Samajwadi Party’s sweep in India’s biggest state, Uttar Pradesh, and Congress’s defeat in Punjab and Goa will further shrink the elbow room the Congress-led UPA government at the Centre has to push through key initiatives such as foreign direct investment (FDI) in multi-brand retail, pension reforms and legislation such as the goods and service tax (GST) that require support from states. The Centre had postponed some of these...

-The Times of India Government agencies fear that terror funds are flowing into the real estate sector, apart from a substantial part of the black money generated within the country finding its way into the housing industry. An assessment prepared by revenue intelligence agencies and reviewed by the finance minister recently reveals that the highest component of undisclosed money detected by the income tax department was from the real estate sector. Officials suspect...

India looks to reduce out-of-pocket expenditure on health in 12th Plan Ahead of the 12th Five Year Plan, which aims to focus on health, the Union ministry of health and family welfare called a one-day national consultation to deliberate social determinants of health. The outcome would influence health policies for the next Plan period, beginning April. According to the World Health Organization (WHO), social determinants like poor economic status, lower social status,...

-Live Mint High on hype, the budget speech of the Union finance minister today is merely a statement of account. As India’s economy diversifies—with the private sector playing an increasingly important role—this annual feature has assumed much lower salience. Not only have fiscal policies lost the space they enjoyed in earlier years, even major policy announcements are restricted to being mere statements of account. Examples from other arenas include “activism” on...

The Congress-led United Progressive Alliance (UPA) is likely to run into a debate on public health policy after the Planning Commission moved to nix a proposal to include healthcare in the list of public entitlements such as education and food. Central to the proposal—initiated by a high-level expert group (HLEG) headed by K. Srinath Reddy, a leading advocate of preventive cardiology and president of the Public Health Foundation of India—was the...