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Walmart announced it is closing down its healthcare business Tuesday. The move will impact 51 locations in five states, as well as relationships with health systems, like the one penned with Florida's Orlando Health in November.
Walmart will instead focus on its 3,000 vision centres and nearly 4,600 pharmacies located inside its stores. Read more at straitstimes.com.
Raghuram Rajan, former RBI governor, advocates for inclusive growth over wealth tax, emphasizing the need to uplift individuals for economic development. His remarks follow a discussion sparked by Sam Pitroda on wealth redistribution, with Rajan cautioning against excessive taxation of the wealthy. He highlights the importance of examining neglected segments of the economy and suggests policy measures like minimum wage standards for wealth distribution. Rajan also stresses the significance of job creation for social stability and demographic dividends.
The former RBI governor also said there needs to be a thorough examination to identify groups who have not benefited from the growth of economy
Indian Overseas Congress chairman Sam Pitroda’s remark that the inheritance tax in the US was an idea that could be debated and discussed in India too snowballed into a controversy with the BJP stating that the Congress would redistribute the wealth of Indians if it was voted to power.