-Down to Earth 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood. As millets are adapted to grow in dry and arid regions, they attract big businesses and companies in times when climate change is making cultivation of other cereals difficult. But...
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Centre cuts windfall tax on domestic crude oil by 65%
-PTI/ The Telegraph The levy on crude down to Rs 1,700 per tonne from Rs 4,900, as per order coming into effect Friday New Delhi: The government has slashed the windfall profit tax levied on domestically-produced crude oil as well as on export of diesel and ATF following a drop in global oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural...
More »Data: Why Indian firms are reluctant to invest despite tax cut and high Profits -Vignesh Radhakrishnan and Jasmin Nihalani
-The Hindu Consumer demand started to decline before the pandemic and worsened after outbreak In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019. The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall Profits. A State Bank of India analysis shows...
More »Apple farmers stir may affect Himachal Pradesh polls again
-Deccan Herald Since the Apple agitation 30 years ago, apple growers have hardly hit the streets Kotkhai/Theog/Fagu: In 1990, Himachal Pradesh saw one of the fiercest agitations by apple growers. The demand by the protestors from the then Bharatiya Janata Party (BJP) government headed by Shanta Kumar was to fix a minimum support price for the apple crop. In a gathering on July 22 that year in Kotgarh, where hundreds of protestors...
More »Why Economic Inequality is a Burning Issue that Needs Attention -Atman Shah and Dipak Chaudhari
-Newsclick.in Inequality is not natural but manufactured. It’s time policymakers stopped normalising the wealth and income gap. Else, post-Covid inequality could become a permanent feature. Wealth and income inequality are more than just economic concepts. They also influence education and health outcomes, poverty levels, employment and unemployment rates, opportunities, choices, and, ultimately, happiness. Of late, several reports have investigated the impact of COVID-19 on various segments of society at the regional, national,...
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