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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Is the Budget’s infrastructure push green? -S Gopikrishna Warrier

-MongabayIndia.com * The main focus of the Union Budget for 2021-22 is on infrastructure development-led growth. * This is expected to create a demand in the economy and thereby help it recover after the pandemic crisis. * This commentary explores whether the thrust on infrastructure development will lead to adverse environmental consequences. * The views expressed in this commentary are that of the author. Investment in infrastructure is the most important focus area in the...

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Ashok Dalwai, CEO, Doubling Farmers' Income Committee, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)

The Hindu Business Line In an article on Monday, this writer pointed out how it is a challenging task to double farmers’ income, given the fall in output prices and the higher cost of farm inputs. In an interview, Ashok Dalwai, CEO, Doubling Farmers’ Income Committee, talks about the various measures the Centre is taking to ensure it is on the right track and reaches its target by 2022. According to...

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A reality check on India's renewable energy capacity -Shouvik Chakraborty

-The Hindu It has not been able to make full use of reduction in costs Addressing the plenary session of the World Environment Day celebrations on June 5, 2018, Prime Minister Narendra Modi stated, “We are engaged in a massive push towards renewable energy generation. We have targeted [the] generation of 175 GW of solar and wind energy by 2022. We are already the fifth-largest producer of solar energy in the world....

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UN meet dilutes Indian plan to phase out single-use plastic -Jacob Koshy

-The Hindu Final document at Nairobi tones down language, lacks timeline. An ambitious resolution piloted by India to phase out single-use plastics by 2025, was watered down at the United Nations Environment Assembly (UNEA) that concluded on Friday in Nairobi. At the World Environment Day summit on June 5, 2018 here, Union Environment Minister Harsh Vardhan, in the presence of Prime Minister Narendra Modi, had pledged to eliminate single-use plastics from India by...

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