-The Telegraph Arun Jaitley today drew loud cheers from the fiscal conservatives as he displayed "prudence" and stuck to the fiscal deficit - which captures the government's borrowing requirements - target of 3.9 per cent of the GDP for 2015-16 and pegged it at 3.5 per cent of the GDP for 2016-17. As the achievement came despite all the problems that the Indian economy faced - the Economic Survey presented details of...
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Rich feed off subsidies worth over Rs. 1 lakh crore: Economic Survey -TCA Sharad Raghavan
-The Hindu “Commodities that are primarily consumed by the rich have a low tax rate” India’s rich feed off subsidies worth over Rs. 1 lakh crore a year that are meant for the poor, according to the Economic Survey. And this figure only considers the subsidies on six commodities, two public utilities — the Railways and electricity — and one small savings scheme, the Public Provident Fund. “There are a fair amount of...
More »Insurance sop -TK Rajalakshmi
-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...
More »Coming soon: Mother of all health schemes
-The Times of India NEW DELHI: The health ministry plans to roll out a centrally sponsored 'Health Protection Scheme' which will replace several of the existing government-supported health schemes including Rashtriya Swasthya Bima Yojana (RSBY), the government's flagship health insurance plan catering to families below poverty line (BPL). The proposed scheme will initially provide a minimum cover of Rs 50,000 to around 8 crore families or almost 40 crore people. It will...
More »A judgment for women’s rights -Devaki Jain
-The Hindu Economic agency is one of the most enabling elements to release women from oppression, violence and powerlessness. A Supreme Court Bench has once again proved that our judiciary can be the torchbearer of progressive attitudes towards women. In 2013, the Justice J.S. Verma Committee, while responding to the horrific December 16, 2012 gang rape in Delhi, prepared a report that drew from the observations of members of the women’s movement among...
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