-The Telegraph The agitators have repeatedly refused to implead themselves in the case despite the apex court offering them the option The All India Kisan Sangharsh Coordination Committee on Sunday said the “Supreme Court does not and cannot have any role” in resolving the deadlock over the new farm laws, adding that their enactment reflected a political decision to place corporate interests over those of farmers. The AIKSCC, which had given the “Dilli...
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Higher income tax deduction on NPS likely for private sector employees
-Livemint.com Under the current income tax laws, if an employer is contributing towards the employee's NPS account, a deduction up to a certain percentage of salary qualifies for income tax deduction In the Budget 2021, tax experts expect the government to fix some anomalies in the NPS with regard to income tax benefits. They say that this will help in increasing the attractiveness of the National Pension Scheme. "For contribution towards Tier I...
More »Centre, farm unions talks on farm laws end in stalemate -Priscilla Jebaraj
-The Hindu After the seventh round of talks, farmer leaders said the government said it needs to consult internally and thereafter it would come back to the unions. The seventh round of talks between Union Ministers and protesting farm unions on Monday failed to resolve the deadlock over three new agricultural reform laws. Both sides stuck to their own positions and accused the other of stubbornness, with the Centre seeking to discuss...
More »Experts raise questions over ‘hasty’ approval for COVID-19 vaccines -Jacob Koshy
-The Hindu They advise against Covaxin, say there is no proof of efficacy. Several experts have raised concern over the “hasty approval” granted to the COVID-19 vaccines despite the lack of adequate efficacy data. The Central Drugs Standard Control Organisation on Sunday accorded approval for restricted emergency use of the Oxford COVID-19 vaccine Covishield, manufactured by the Serum Institute of India (SII), and the indigenously developed vaccine Covaxin of Bharat Biotech. “I’m completely unaware...
More »India’s external sector during the pandemic -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org The complete absence of any meaningful fiscal response from the Indian government in the face of one of the biggest economic crises ever faced, cries out for explanation. One argument has been that the Central Government is concerned about its external vulnerability: a large increase in public spending could generate higher imports, thereby worsening the trade deficit at a time when volatile capital flows have already made the balance of...
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