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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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'You cannot build a skilled society on low-cost labour’

-The Indian Express At the inaugural Indian Express Thinc Migration series presented by Omidyar Network India, moderated by Udit Misra, deputy associate editor, panelists discussed the crisis in India’s internal migration. On migration patterns S Irudaya Rajan: In the 2011 census, India had 450 million migrants. We have policies in the country to increase migration, and policymakers and economists, who believe urbanisation will lead to economic growth. This is reflected in the Smart...

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Marginal improvement in rural women’s education, finds NFHS-5 -Shruti Banerjee, Shristi Guha and Ashmita Sengupta

-Down to Earth Social, cultural stigmas reasons for lack of improvement The present-day education system has come a long way and age-old traditions have undergone a drastic change. One of the biggest achievements of India was the increase in literacy rate to 74.04 per cent in 2010-11 from 18.3 per cent in 1950-51. The country has been making great strides in educating children; at the time of Independence, India was largely illiterate (nine...

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Health data shows India doesn’t need a two-child policy: experts -Jagriti Chandra

-The Hindu Use of contraceptives on the rise, rural-urban gap narrowing, finds analysis of NFHS-5 The latest data from the National Family Health Survey-5 (NFHS-5) provides evidence of an uptake in the use of modern contraceptives in rural and urban areas, an improvement in family planning demands being met, and a decline in the average number of children borne by a woman, and prove that the country’s population is stabilising and fears...

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