-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
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Governing India's many spaces -Pulapre Balakrishnan
-The Hindu Ill fares the land where wealth accumulates, and the social and natural environment suffer As the general elections approach, it would be politic to take stock of the progress made by the incumbent party and look out for the areas that call for particular attention by the one that gains power. Without anticipating complete agreement on the indicators that ought to be used, I look at the changes since 2014...
More »Universal Basic Income can be funded by reducing subsidies to the rich -Pranab Bardhan
-The Indian Express I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn. After my last op-ed in this paper (The safety net of the future) several readers, intrigued by the idea of a Universal Basic Income Supplement (UBIS) proposed...
More »Will farm loan waiver go the way of the property tax repeal? -Indira Rajaraman
-Livemint.com All recent reforms mooted on farm credit do not address the needs of farmers for whom formal credit doors are shut Farm distress has been a sadly persistent feature for the past five years, the initial two years on account of failed rains, but in the last three years because of policy failure on a number of fronts, including, most visibly, unremunerative prices for farm produce. That it shapes electoral...
More »Government mops up Rs 26,500 crore from those who didn't file tax returns
-The Times of India NEW DELHI: The government's drive, through a non-filer monitoring system, to target those who indulge in high value transactions but don't pay enough taxes has forced the filing of at least Rs 1.7 crore extra returns and helped the Centre mop up close to Rs 26,500 crore till December. In a written reply, finance minister Arun Jaitley told Parliament on Friday that for the past few years, the...
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