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FREEBIES IMPACT ON FINANCES
Hindu votes, Modi ki guarantee: 10 big trends that decode Bengal, Assam, Tamil Nadu and Kerala assembly electionsAssembly election results saw the BJP secure victories in West Bengal and Assam, while Tamil Nadu witnessed a surprising debut by Thalapath...- Rajani Sinha warns freebie culture is pushing states towards fiscal distressEconomists are sounding alarms over the escalating fiscal burden of cash handouts and subsidies, with many states facing unsustainable debt...
- Finance Commission to address issues of freebies, compensation for green cover: Chairman PanagariyaThe 16th Finance Commission will tackle issues related to the distribution of freebies and compensation for providing green cover, Chairman...
- Freebies Frenzy: Indian politics grapples with electoral promises amid economic concernsIn recent assembly elections in Madhya Pradesh, Chhattisgarh, Rajasthan, and Telangana, political parties, including BJP, embraced the cult...
- Centre’s unfair tactics, not guarantees, responsible for Karnataka’s deficit budget: Priyank KhargeThe Congress had made five major pre-poll promises during the assembly elections in May this year, a move that is widely believed to have c...
- Indian govt to set 16th Finance Commission soon; chairman and members to be selected nextThe Indian government is preparing to set up the 16th Finance Commission earlier than expected to ensure sufficient time for dealing with i...
- In a first, value of government freebies to be computedWhile the Consumer Expenditure Surveys (CES) in the past have had questions on freebies received by households, an attempt at imputation of...
- Debate on freebies important as this will impact future growth: Nirmala Sitharaman"We have contained the leaky bucket process. There are no leaks and the beneficiary who should get that money gets it and not just 15 paise...
- The freebies debate: Genesis, definition and impact on welfare & economyThe power of Election Commission to fight freebies has remained vague and limited. There have only been a few instances where the EC exerci...
- Power gencos seek to join debate in SC over freebiesThe writ petition filed by the Association of Power Producers (APP) sought the court's intervention "in the financially crippling crisis fa...
- Should political parties be allowed to dole out freebies? Economists offer a solutionThe political slugfest that has broken out over freebies between the ruling party and the opposition comes at a time when the Supreme Court...
- Amid raging political debate over poll freebies, a PIL in SC drives home the pointPetitioner Ashwini Upadhyay filed additional submissions on Friday in the top court saying that registered political parties be asked to fu...
- PIL on freebies: States have nearly Rs 59,89,360 crore liability as on March 31, 2021While Uttar Pradesh and Maharashtra top the chart with liabilities of Rs 6,62,891 crore and Rs 5,36,891 crore respectively, Punjab gets the...
- EC welcomes SC suggestion of expert panel on freebies, but does not want to be part of itA bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli, on August 3, had asked stakeholders like the Centre...
- Economic impact assessment essential before distribution of freebies: SC toldEconomic impact assessment is essential before distribution of freebies, the Supreme Court has been told by a petitioner who has sought con...
- There is no question of state governments in India going the Sri Lanka way: Mythili Bhusnurmath“Non-merit subsidies in the country as a percentage of GDP are growing. Also, there are some states which tend to offer much more by way of...
- Bihar, Kerala, Punjab, Rajasthan and WB most stressed fiscally: RBIFive states, namely, Bihar, Kerala, Punjab, Rajasthan, and West Bengal, figure among the most stressed states fiscally, as per a Reserve Ba...
- Plethora of welfare schemes: Will Tamil Nadu ever move out of the freebie culture?Late K Kamaraj between 1954 and 1963 had introduced the concepts of free education and free food for school students to supplement their ed...
- Free samples to doctors to be now considered as taxable incomeDoctors getting free samples of medicines, gifts should now be prepared to pay tax as such freebies will be calculated as taxable income.
- October may not be festive enough for durables majorsDurable companies like LG Electronics and Philips India is the current US-led global financial crisis wreaking havoc with consumer sentimen...
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