-IPA News Service/Newsclick.in Time is ripe to do away with every central cess on petroleum products and reject the government’s narrative that the poor are hurt less by higher prices than the rich. The country is in the grip of an inflationary spiral resulting in a galloping price rise of all essential goods used by people. This crushing price burden is making life exceedingly difficult for the rural and urban poor. The retail...
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The poor are bearing the brunt of inflation -Krishna Raj
-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
More »The Global Minimum Corporate Tax: Not High Enough, Not Fair Enough -CP Chandrasekhar
-TheIndiaForum.in ‘While the global minimum tax proposal is a step forward, that step is disappointingly short of what is needed and possible.’ Following years of negotiations, most nations in the world now appear to be willing to align their corporate tax regimes to prevent multinationals from evading taxation in the jurisdictions in which they operate. They have now tentatively agreed on the need for a global minimum corporate tax rate and a...
More »Official data corroborates deepening of livelihood crisis in urban areas during the 2020 nationwide lockdown
The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...
More »Citizen's Report on Year Two of the NDA-II Government 2020-2021: Promises and Reality, Civil Society Initiative, Coordinated by Wada Na Todo Abhiyan, released in July, 2021
-Citizen's Report on Year Two of the NDA-II Government 2020-2021: Promises and Reality, Civil Society Initiative, Coordinated by Wada Na Todo Abhiyan, released in July, 2021 “Promises & Reality – Citizens’ Report on the Year Two of the NDA II Government, 2020-21” is a collective work by eminent members and organisations of the Indian civil society. The report covers a wide array of concerns and issues in thematic areas including health,...
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