TheIndian EXPRESS LATE CITY, 22 PAGES, JAIPUR, `4.00 ● FRIDAY, FEBRUARY 2, 2018 ● WWW.INDIANEXPRESS.COM DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA In election year, BJP handed a drubbing in Rajasthan bypolls JAIPUR, FEBRUARY 1 Congress takes Alwar, Ajmer LS seats and Mandalgarh assembly seat. Rohit Jain Paras Pehlu Khan was lynched by cow vigilantes in April last year, the Congress vote share in 2018 jumpedalmost25percentcompared to its showing in 2014 when it lost by 2.83 lakh votes. The BJP had polled more than CONTINUED ON PAGE 2 SC makes public: which judge gets what matter, move to elevate 2 judges ANANTHAKRISHNAN G NEW DELHI, FEBRUARY 1 FOR THE first time, the Supreme Court has made public its Judges Roster — a list that shows which judgehearswhatmatterbysubject — with the Chief Justice of India Dipak Misra retaining all matters related to PILs. The roster was posted on the Supreme Court’s official website Thursday,nearlythreeweeksafter its four most senior judges — Justices J Chelameswar, Ranjan Gogoi, Madan B Lokur and Kurian Joseph — went public 12 LAST FULL BUDGET OF MODI GOVERNMENT BEFORE GENERAL ELECTIONS Pollitics & Economics Rural, poor are focus, slip in fiscal deficit target HAMZA KHAN IN A major setback to the BJP in Rajasthan, which goes to polls later this year, the Congress swept all three bypolls in the state Thursday in seats earlier held by the BJP. Results in the Ajmer and Alwar Lok Sabha seats and Mandalgarh assembly constituency indicated a massive swing in vote share towards the Congress. The Congress vote share in Ajmer and Alwar increased by 25percentand11percentcompared to the 2014 general elections, while the BJP’s share in Mandalgarh dipped by almost 18 per cent. In Alwar, where dairy farmer JOURNALISM OF COURAGE 10% tax on long-term market gains, Govt cites ‘bias’ in economy For Modi govt, rural is more about infra than agri ANIL SASI SANDEEP SINGH HARISH DAMODARAN NEW DELHI, FEBRUARY 1 FINANCE MINISTER Arun Jaitley’s last full budget before the general elections was predominantly a rural-sector budget with a clear political overtone: to reinforce the Narendra Modi government as one with pro-poor credentials anddissipatemountingpressure toaddressdiscontentoverfalling farm income and slowdown. The slew of measures for agriculture and a new health insurance scheme for the poor come a month after the bruising Gujarat election results and ahead of the eight states that go to polls this year at the cost of a breach in the fiscal deficit target for 2017-18 and a stock market CONTINUED ON PAGE 2 CJI Misra keeps all PILs with concerns over the conduct of the Chief Justice of India, especially over allocation of cases. The website also posted the Collegium’sunanimousdecision onJanuary10torecommendthe elevation of Senior Advocate Indu Malhotra and Uttarakhand Chief Justice K M Joseph as CONTINUED ON PAGE 2 BUSINESS AS USUAL NEW DELHI, FEBRUARY 1 Jaitley at Parliament House on Thursday. Renuka Puri Rs 5-lakh health cover for 10 crore poor families ABANTIKA GHOSH NEW DELHI, FEBRUARY 1 THE LAST full Budget of this NDA government includes an ambitious National Health Protection Scheme (NHPS) for over 10 crore “poorandvulnerable”families— an estimated 50 crore individual beneficiaries — with coverage of uptoRs5lakhperfamilyperyear. In his Budget speech Thursday, Union Finance Minister Arun Jaitley described the scheme as “the world’s largest government-funded healthcare programme”. Jaitley also announced one medical college for every three Parliamentary constituencies CONTINUED ON PAGE 2 WHEN DEMONETISATION was announced, the government’s political hardsell was that the rich were not being spared, that they too would have to stand in queues and come clean on their income. On Thursday, unveiling the Union Budget, Finance Minister Arun Jaitley reinforced this political message when he announced taxation on longtermcapitalgainsfromthestock market. And suggested this as part of a strategy to route businesssurplusestomanufacturing and real economy sectors, away from financial assets. Announcing the proposal to impose long-term capital gains tax of 10 per cent on gains exceeding Rs 1 lakh arising from BY UNNY sale of listed equity shares or units of equity-oriented mutual funds, Jaitley also proposed a 10 per cent tax on dividend income distributed by equity-oriented mutual funds. UNION BUDGET 2018-2019 PAGES 6-11, 14-17 MACRO E-assessment for firms, individuals PAGE 6 SOCIALTHRUST Loan model to replace infra grants to IITs, IIMs PAGE 7 CONNECTINGINDIA Rs 1,014 cr boost to NE air connectivity PAGE 11 RAILWAYS&DEFENCE Rlys gets Rs 1.48 lakh cr, highest ever PAGE 16 THE EDITORIAL PAGE Wages of nervousness BY PRATAP BHANU MEHTA 13 THEIDEASPAGE Moving from job to wages Raising wages needs targeting of productivity via multiple reforms Jaipur CONTINUED ON PAGE 2 NEW DELHI, FEBRUARY 1 THEUNIONBudgettodaypromised that the minimum support prices (MSP) for all crops will be fixed so as to guarantee farmers a 50 per cent return over their production cost. And that the Centre would ensure that farmerswill“getthefullbenefitof the announced MSPs”. But in the absence of any budgetary provision — there is a “market intervention cum price support scheme”, for which the allocation is a mere Rs 200 crore in the coming fiscal — it is not clear how this is going to be done.AllthatisstatedinFinance Minister Arun Jaitley’s speech is that the “Niti Aayog, in consultation with Central and State CONTINUED ON PAGE 2
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