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Reforms an ongoing process in India: Jaitley

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Singapore: Pointing out that reforms were an ongoing process in the development of the nation, Finance Minister Arun Jaitley on Friday said the Indian government has several legislations in the pipeline that would be pursued in the next few years.

“The bankruptcy code is ready while changes to the arbitration laws and several other legislations are in the pipeline… for the next few years, we have our agenda full; reforms are an ongoing process,” Jaitley told investors at an event here.

Photo credit: thehindu.com
Photo credit: thehindu.com

Jaitley was on a visit here to attend The Singapore Summit, an annual investment event organised by the Singapore government with participation from various Asian countries.

The finance minister said legislation that could be taken in money bill form would be pursued.

A money bill is important as it cannot be blocked by India’s upper house, the Rajya Sabha, where the NDA government lacks a majority, which has stymied attempts to carry forward legislation on land acquisition and the goods and services tax.

Assuring the investors present that the Narendra Modi government would continue to make India an attractive investment destination, he said the country was no longer suffering from policy paralysis and an uncertain taxation regime, while India’s states were vying with each other to attract investment.

At an event held in New Delhi on Thursday, Jaitley said that with the stated objective of ease of doing business, all tax disputes would be put to rest, adding that this was a “work in progress” along with steps to make it easier to do business in India.

“Since May 2014, a number of tax disputes have been put to rest since the Bharatiya Janata Party-led government took office,” he said at an economic summit organised by Ficci’s International Chamber of Commerce.

“We are trying over the next few days itself (to look at pending disputes) so that many others can be put to sleep – either by a judicial resolution or some executive resolution,” the minister added.

(IANS)

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Low Cure Rate For Childhood Cancer in India: Experts

On International Childhood Cancer Day, the hospital organised a ‘Sit and Draw competition’ with pediatric patients and rewarded the winner

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Health insurance covers only for hospitalization and doesn’t necessarily cover the medical expenses incurred for the treatment of major illnesses. flickr

Childhood cancer comprises almost 3-5 per cent of the total cancer cases in India, experts said here on Friday, expressing concern over the low cure rate due to lack of available data.

“The disturbing reality is that the cure rate of pediatric cancer is almost 80 per cent in the developed countries. When we see the data from major cancer centres, it actually can match up to the Western standard but this data is not enough,” Haemato-Oncologist Vivek Agarwala said at an awareness programme conducted by Narayana Superspecialty Hospital, Howrah.

According to the Indian Council for Medical Research, cancer in children constitutes approximately 3-5 per cent of the total cancer cases in India.

Agarwala said a large portion of the incidence of childhood cancer in society is still not addressed.

Cancer survivor. Flickr

Also, a large section who don’t have access to premier institutes are often diagnosed late due to financial crunch and that is why the overall treatment rate in India is low.

“Probably, the government and society at large are not considering it a big problem as it is just around 5 per cent. We are always campaigning for breast and cervical cancers,” Agarwala said.

“We must remember this 5 per cent of cancer is majorly curable if given proper treatment,” he said.

Leukaemia and retinoblastoma (a form of cancer where children have a white eye) are the two common forms of cancer in children.

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Talking about awareness and symptoms that parents need to watch out for, he said: “Symptoms are different for different cancers, but children who have cancer have poor growth, poor weight gain and decreased appetite. One must get their children evaluated on seeing these symptoms”.

On International Childhood Cancer Day, the hospital organised a ‘Sit and Draw competition’ with pediatric patients and rewarded the winner. (IANS)