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As customs duty exemption goes, 76 life-saving drugs to get costlier -Vidya Krishnan

-The Hindu Haemophilia patients dependent on U.S. drug likely to be worst-hit. In a move that could inflate the cost of essential life-saving imported drugs, the Finance Ministry has withdrawn exemption of 76 medicines from customs duties. The list includes 10 HIV drugs and at least four cancer drugs, but haemophilia patients are likely to be the most affected by the decision. Haemophilia is a genetic disorder in which the patient tends to...

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Where have all the women gone? -Charan Singh

-The Hindu Business Line The government must open up conventional and unconventional avenues for women to find their way into the workforce Officials in the finance ministry are busy with budgetary consultations. At the outset, it needs to be recognised that the Union Budget is more than a mere accounting exercise as it lays out the vision of the government and provides a strategy to implement it during the course of that year. In...

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From Plate to Plough: How to expand inclusion -Ashok Gulati & Prerna Terway

-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...

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Labour Ministry to trim cos' EPFO coverage threshold to 10 workers

-PTI At present, it is mandatory for firms with 20 or more workers to subscribe to social security schemes New Delhi: In a bid to provide social security to additional 50 lakh workers under retirement fund body EPFO, the Labour Ministry has decided to halve the threshold for coverage of firms to 10 workers through an executive order. At present, it is mandatory under the Employees' Provident Fund and Miscellaneous Provisions Act for...

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The courage to teach -Pankaja Srinivasan

-The Hindu Giving up corporate jobs and fat salaries, an increasing number of young men and women are committing their lives to providing education to India’s poorest   “I had career goals, now I set myself happiness goals. Giving and getting happiness in return,” says Pracheta Sharma, and somehow that does not sound one bit corny. Sharma, along with two other friends Mainak Roy and Rahul Bhanot, is working on a project...

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