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Potential model -Sevanti Ninan

-The Telegraph Media-academia partnerships are a necessity Last week, The Conversation US reminded readers that it has turned eight years old.  As notfor-profit media funding grows in India, this site is well worth profiling as a venture to emulate. It is the American edition of a non-profit first launched in Australia as a partnership between universities and journalists funded by universities and foundations. This is a platform that is constantly generating in-depth...

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Why India Inc. is not taking a Hanuman leap -Pulapre Balakrishnan

-The Hindu The one lever that the government could have pulled as it watched private investment decline was to step up public investment In a meeting held with the country’s corporate leaders on September 15, Finance Minister Nirmala Sitharaman drew attention to an important aspect of the economy today. She rightly flagged concerns about sluggish corporate investment, despite the government’s business-friendly stance, including a reduction in the corporate tax. The reduction, effected...

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Public sector banks have ensured financial inclusion, finds a new empirical study

Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...

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'Revdi Culture' or Govt's Basic Responsibility? What Prioritising Welfare Is Really About -Deepanshu Mohan

-TheWire.in States like Delhi (despite its unique multi-party governance architecture), West Bengal, Kerala (or even Goa and Sikkim) perform better compared to UP when it comes to being measured for securing access to basic social, economic services. In a veiled attack against BJP’s political opponents, accusing them of promising ‘freebies’ (revdi) in exchange for electoral votes, Prime Minister Narendra Modi on Saturday cautioned people, especially the youth, against this “revdi culture”, saying...

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Windfall tax on corporations goes as 5% GST on food items kicks in -Prasanna Mohanty

-Cenfa.org In continuation of its pro-corporate and anti-poor tax policy, the Centre imposes tax on the common man battling hunger and inflation while sparing corporates making windfall gains and record profits In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax on oil exports on July 19th – 19 days after it was imposed – with effect from July 20. This comes a day after a...

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