02022018-TTC-01.qxd 2/2/2018 1:18 AM Page 1 13 Class XII Start your journey to PU LAW Don’t be left out! LST Express: A comprehensive program for CLAT and other law exams In CLAT'17, 1053 CL-LST students were selected by the National Law Universities established in 1881 friday, february 2, 2018 CL Chandigarh 0172-4000666/4000777 chandigarh | gurugram | jalandhar | bathinda | jammu | srinagar | www.tribuneindia.com | vol. 2 no. 32 | 24 pages | ~4.50 | regd. no. chd/0006/2018-2020 /thetribunechd /thetribunechd Election pitch, funding glitch FOUNDER’S DAY: We offer our respectful tributes to Sardar Dyal Singh Majithia, who founded The Tribune this day 137 years ago. Cong, TMC win R’sthan, Bengal byelections Jaipur/Kolkata: The Congress on Thursday wrested Lok Sabha seats of Ajmer and Alwar besides Mandalgarh Assembly seat from the BJP in the January 29 bypolls. In Bengal, the TMC won Noapara Assembly seat and Uluberia LS constituency. PAGE 14 CJI announces subject-wise roster system New Delhi: Three weeks after four senior-most judges accused him of arbitrary allocation of cases to ‘junior judges’, Chief Justice of India Dipak Misra on Thursday announced a subject-wise roster system for allocation of work to his colleagues. PAGE 14 Castration: CBI charge-sheets Ram Rahim New Delhi: The Central Bureau of Investigation on Thursday filed a charge-sheet against rape convict and Dera Sacha Sauda chief Gurmeet Ram Rahim Singh and two doctors for alleged forcible castration of 400 followers of the sect. INSIDE New Delhi, February 1 In its last full Budget before the 2019 General Election, the government today announced the “world’s largest” health insurance scheme for India’s 50 crore poor and fixed the minimum support price (MSP) at “1.5 times the input cost for all kharif crops this year”. Switching between Hindi and English, Finance Minister Arun Jaitley presented the Union Budget in the Lok Sabha to repeated thumping of desks by treasury members led by Prime Minister Narendra Modi — focusing heavily on uplifting agriculture and rural sectors while paying little attention to the middle class. PM Modi later described it as a vehicle to build a “new India”. The Budget is “farmer friendly, common citizen friendly, business environment friendly” and will add to “ease of living and ease of doing business”, Modi said. With chaotic implementation of the GST and demonetisation causing distress, Jaitley announced massive spending on rural and urban infrastructure, as also lower tax rates for small and medium enterprises. While continuing the 10-15 per cent surcharge on the superrich, he raised the health and education cess, levied on all taxable income, to 4 per cent from 3 per cent at present. The Opposition slammed the Budget, terming it “defeatist” and an election-minded “big jumla (rhetoric)”. The centrepiece of the Budget was the plan to provide universal healthcare, with a cover of up to Rs 5 lakh per family per year for secondary and tertiary care hospitalisation to 10 crore poor and vulnerable families, or about 50 crore beneficiaries. Jaitley committed an expenditure of Rs 1.38 lakh crore on health, education and social protection. But to fund these, he let go of the fiscal consolidation roadmap. As a result, fiscal deficit for the current fiscal will be 3.5 per cent of the GDP as against the previous target of 3.2 per cent, and 3.3 per cent in 2018-19, as opposed to 3 per cent set earlier. While the farm industry termed it a “roti-kapada and kisan” Budget, agriculture activists decried it as a “big betrayal” with the farming community saying the real concerns have been ignored. Captains of the industry, meanwhile, raised concerns over the fiscal math and resource mobilisation for populist measures. — PTI 1.5 times crop cost as MSP Big leap forward, another lofty promise, or juggling? ‘ModiCare’ to cover 50 cr New Delhi, February 1 The world’s biggest health cover plan announced in the Budget will be a revamp of the UPA government’s Rashtriya Swasthya Bima Yojana (RSBY) by raising the cover up to Rs 5 lakh and the government has made an allocation of Rs 2,000 crore for 2018-19. Touted as ModiCare, the National Health Protection Scheme (NHPS) announced by Finance Minister Arun Jaitley will cover over 10 crore poor and vulnerable families. “The present RSBY provides an annual coverage of only Rs 30,000,” he said. Without giving exact date for launch, Secy says ~2,000 crore would be available from April 1, 2018 ILLUSTRATION: VISHAL PRASHAR I-T slabs same, ~40K standard deduction for salaried ~50K tax exemption on interest income for elderly 3 public sector general insurance cos to be merged Tax on long-term capital gains of over ~1L in equity Corporate tax cut to 25% for firms with ~250 cr turnover UNION BUDGETET U 2018-19 9 DETAILED PAGES 2, 3, 4, 6, 7, 20 COVERAGE Expenditure Secretary AN Jha said the scheme will be cashless. “It will cover about 10 crore households, giving a maximum coverage of Rs 5 lakh per person. So the total impact will be for about 50 crore people,” he said. “We have provided Rs 2,000 crore provisionally and once the contours of the scheme take shape and details are worked out, further provisioning will be done... various models are being considered, whether it would run on trust or insurance model.” RSBY was launched in 2008 and was initially designed to target only the BPL households, but was expanded to cover other defined categories of unorganised workers. — PTI Detailed report Page 4 Edit: Still a distant dream
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising four eminent persons as trustees.
The Tribune, the largest selling daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the paper. It is an independent newspaper in the real sense of the term.
The English edition apart, the 133-year-old Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).