-Livemint.com * India's super-rich club of those earning above Rs.500 crore has only 3 individuals * Over 1.7 lakh people had filed income tax returns with zero income in 2017-18 NEW DELHI: If data from the income tax department's records is taken into account, India had more than 97,000 people earning a taxable income of over ?1 crore in the financial year 2017-18. The Central Board of Direct Taxes (CBDT) has now come out...
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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Looking Beyond the Economics of Free Public Transport for Women -Sanika Godse
-TheWire.in A counter to the 'Metro Man's' opposition to free metro rides for women in Delhi. Delhi Metro’s former chief, E. Sreedharan, popularly known as the ‘Metro Man,’ recently voiced his displeasure over the Aam Aadmi Party’s decision to make public transport – metro and buses – free for women. His concern was about the economic feasibility of the policy for the Delhi Metro. This is assuming metro to be a ring-fenced...
More »Income transfer can ease farm distress -A Narayanamoorthy & P Alli
-The Hindu Business Line It scores over loan waivers as it benefits all farmers and gives them more control over the cultivation and sale of their produce There is an illusion across various quarters that a one-time farm loan waiver can remove all the hardships farmers have been going through over the last 15 years or so. This illusion has been occupying more space in public discourse in recent months because of...
More »Is There a Monopoly on Vocational Training in India? -Anand Chandrasekhar
-TheWire.in Has Switzerland’s eagerness to export its vocational training and education model to India led to an unsatisfactory compromise that ultimately hurts the battle against poverty: granting a private company exclusive rights to the curriculum developed with Swiss taxpayers’ money? This year, India and Switzerland will celebrate 70 years of a Friendship Treaty that was signed by the two countries in 1948. A decade ago, the 60th anniversary of the Treaty was...
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