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88 lakh taxpayers didn't file returns in year of noteban, 10-fold jump over previous year -Khushboo Narayan

-The Indian Express The spike in stop filers, according to officials, could be due to loss of Jobs or drop in income due to fall in economic activity following demonetization of Rs 500 and Rs 1,000 notes. Claiming the success of demonetisation in increasing tax compliance, the government said it added 1.06 crore new taxpayers in the financial year 2016-17, almost 25 per cent more than the previous year. Records accessed by...

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Lok Sabha elections: Congress releases poll manifesto with focus on Jobs, farmers, Nyay

-PTI NEW DELHI: The Congress on Tuesday released its manifesto for the Lok Sabha polls, making a slew of promises, including giving Rs 72,000 each to five crore poor families under the 'Nyay' scheme, filling up 22 lakh government vacancies, bringing a separate budget for farmers and fixing a single moderate GST rate. The 55-page document titled 'Hum Nibhayenge' (We will deliver) focused on addressing the issues of joblessness, farm distress, safety...

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Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017

  Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...

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Pathways to an income guarantee -Ram Singh

-The Hindu There is a compelling case for spending Rs. 3.6 lakh crore on the poor, but it must be done carefully The idea of a minimum income guarantee (MIG) has caught up with political parties. A MIG requires the government to pay the targeted set of citizens a fixed amount of money on a regular basis. With the promise of the Nyuntam Aay Yojana (NYAY) by the Congress party, it is...

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Proposal for job guarantee scheme in small towns -Priscilla Jebaraj

-The Hindu The proposal, a version of which has been previously presented to the Congress and to a foundation working with other Opposition parties, has been released in a policy paper titled ‘Strengthening towns through sustainable employment’. With rising unemployment becoming a major poll issue, and several political parties proposing solutions for it in their election manifestos, a group of labour researchers have proposed a national urban job guarantee programme for small...

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