-Livemint.com IMF points to problem with redistribution of incomes as high growth rates are not reducing inequality New Delhi: The International Monetary Fund (IMF) has warned that both India and China face the social risk of growing inequality. By implication, it is suggesting that there is a problem with the redistribution of incomes in both these economies as high economic growth rates are not reducing inequality. In its regional economic outlook for Asia...

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

-The Tribune While there are have been debates about the plight of farmers, hardly have we ever heard or read anything about the condition of agricultural labourers. They are the victims of economic downturn in the rural sector. THE economy of Punjab today, embroiled in various economic issues, is showing signs of crisis in the agrarian sector. We often hear and read about the woes of the farmers who are committing suicides,...

-The Financial Express West Bengal, Assam and Tamil Nadu — states that are currently in assembly elections mode — have registered huge spurt in job numbers under the Mahatma Gandhi National Rural Employment Generation Act (MGNREGA). West Bengal, where the Trinamool Congress under Mamata Banerjee is fighting to retain power, saw a record 28.66 crore person-days of employment being generated under MGNREGA during the year ended March 31, 2016. This represented a...

-Nezine.com Cultivation of the Early Ahu varieties of rice is helping many farmers in Assam to make better earnings Assam: In these times of drought and scarcity in many parts of the country, improved rice varieties are bringing hope to farmers in the Nalbari district of Assam. What makes it so special is the short duration that it takes to harvest. In the villages of Sungarbari, Galdighla, Adabari in Nalbari district, farmers are...