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Budget should focus on job creation, steps to broaden tax base: India Inc to Sitharaman

-PTI/ The Telegraph Confederation of Indian Industry, which was part of the virtual pre-Budget meeting, calls for an aggressive focus on privatisation of public sector units The Budget should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, industry bodies said in their pre-Budget meeting with finance minister Nirmala Sitharaman on Monday. "The external scenario is likely to continue...

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Deaths by suicide at their highest rate in 2021, shows NCRB data -Abhishek Jha

-Hindustan Times The fastest increase in deaths by suicide was observed among students and small entrepreneurs, much like what was observed in the 2020 edition of the reports. At 120 deaths per million population, the rate of deaths by suicide across India in 2021 soared to the highest level ever recorded, rising 6.1% from the previous year, new data from National Crime Records Bureau (NCRB) shows, highlighting the toll the pandemic appears...

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Healthcare Budget Allocation Low As It's States' Responsibility: Finance Secretary

-PTI/ NDTV Finance secretary T V Somanathan on Monday said healthcare is primarily the responsibility of the states  Mumbai: Finance secretary TV Somanathan on Monday said healthcare is primarily the responsibility of the states, amid suggestions by the industry that the budgetary allocation for the sector is still low at 1.3 per cent of GDP. At a post-budget interaction of industry representatives in Mumbai with finance minister Nirmala Sitharaman, Confederation of Indian Industry...

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Data: Only 20% Conviction rate in ‘Hate Speech’ cases decided between 2016 & 2020 0 -Bharath Kancharla

-Factly.in In our first story on ‘hate speech’ cases, it was observed that the number of cases booked under Sections 153A & 153AA has been increasing over the years. While the cases have increased, the disposal rates of both the police & courts have come down leading to increased pendency. Even in cases whose trial is complete between 2016 & 2020, the conviction rate was only around 20%.  In the previous story,...

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Farm laws scrapped: India’s food processing sector may get hit badly -Arnab Dutta

-BusinessToday.in With all FMCG majors betting heavily on these reforms, their sourcing and expansion plans may now be impacted severely. The abrupt change in the government’s stance on the three controversial farm laws may have far-reaching implications for the country’s food processing sector that involves leading fast-moving consumer goods (FMCG) majors and a market larger than Rs 2.6 lakh crore. With the farm laws are now set to get revoked, a slew of...

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