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Indian Activists Join Global Opposition to Government’s Deep Ocean Mission -Abir Dasgupta

-Newsclick.in After the Union Government announced a mission to explore mining the Indian ocean floor for rare earth minerals in this year’s budget, environment conservationists and oceanographers in India are joining global calls for a moratorium on deep sea mining. April 9, Bengaluru: Indian activists have joined worldwide environment conservationists and oceanographers in opposing the recently announced Deep Ocean Mission by the Government of India. The Mineral Inheritors Rights Association (MIRA) – an...

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Curbs on Indian media continue: U.S. rights report -Sriram Lakshman

-The Hindu Notes several instances of govt pressure on media outlets Washington DC: In its 2020 Human Rights Report, the U.S. State Department said the harassment and detention of journalists critical of the (Indian) government in their reporting and on social media, has continued, although the government generally respected the freedom of expression. It also said government’s requests for user data from Internet companies had increased “dramatically.” The report, which is submitted each...

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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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The pandemic has hampered social auditing of MGNREGA

When a massive sum of public money is spent on a programme like Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA)--a demand-driven programme, there is likelihood of financial misappropriations and mismanagement. Thankfully there are checks and balances in the rural employment guarantee legislation to counter such malpractices. It is worth noting that the total allocation under the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGA) for 2020-21 was Rs. 1,11,500.00 crore (R.E.), up...

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Global antitrust and the challenge of Big Tech -V Sridhar

-The Hindu The issue is about checking their monopoly power while encouraging their positive externalities and consumer surplus There are ongoing investigations worldwide, including in the European Union and the United States, on the abuse of monopolistic power by the Big Tech firms, especially Facebook and Google. Many compare this with the earlier antitrust investigations in the U.S. on the telecom industry and the break-up of the AT&T dictated by the Department...

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