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LATEST NEWS UPDATES | A Death Warrant Against Farmers -Bhabani Shankar Nayak

A Death Warrant Against Farmers -Bhabani Shankar Nayak

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published Published on Dec 28, 2020   modified Modified on Dec 29, 2020

-TheCitizen.in

90% rise in Indian billionaires’ wealth

There has been a 90% rise in Indian billionaires’ wealth over past decade. It is not accidental. The BJP led government reduced corporate income tax from 30 to 22 percent starting from the financial year 2019/20. New corporates established in India after October 2019 will only pay 15 percent. It has also provided many other opportunities, incentives and foregoing exemptions to corporations.

Meanwhile the Union government further pursues economic and agricultural policies to further marginalise farmers and the non-wealthy majority, and empower the wallet of its Hindutva capitalist cronies by reforming agricultural policies to dismantle all safety nets.

The central government follows the policy prescriptions of its Washington masters in the International Monetary Fund, whose Executive Board concluded its consultation with the Government of India on November 25, 2019 and released its Country Report No.19/385 the following month.

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TheCitizen.in, 28 December, 2020, https://www.thecitizen.in/index.php/en/NewsDetail/index/4/19800/A-Death-Warrant-Against-Farmers?fbclid=IwAR09Z-wF0Af5Btft96NRbTsZEmnuPPpbE1suEwf3BQsuRGL4dxz0Vm03vxE


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