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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Farmer leaders, civil rights activists campaign against BJP -Shiv Sahay Singh

-The Hindu Ask BJP leaders to withdraw the three farm Bills, say Rakesh Tikait and Medha Patkar. Secular and pro-farmer votes in West Bengal should not get split, leaders of the Samyukt Kisan Morcha and civil rights activists who have been campaigning in the State for the past three days, said on Sunday. Rakesh Tikait of the Bharatiya Kisan Union (BKU) and social activist Medha Patkar campaigned in Nandigram, Singur and Kolkata...

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Census data may decide food subsidy

-The Hindu A NITI Aayog paper has recommended reduction in National Food Security Act coverage. Once the new census data is available, the Centre may consider revising the number of people who get subsidised Foodgrains under the National Food Security Act, Food Secretary Sudhanshu Pandey said on Friday. He insisted there is no proposal under consideration as yet, but said the Food Ministry was having conversations on a NITI Aayog paper on...

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Mid-Day Meals play a crucial role in guaranteeing child nutrition in the post-pandemic world

School meals ensure nutrition for millions of vulnerable children across the world. Almost 370 million children worldwide are covered by school feeding programmes. While 100 million school children benefitted from the noon meal scheme in India prior to the COVID-19 pandemic, countries like Brazil (48 million), China (44 million), South Africa (9 million) and Nigeria (9 million) too run similar programmes for school children. However, an estimated 39 billion in-school...

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Farm laws and ‘taxation’ of farmers -R Ramakumar

-The Hindu To show Indian agriculture as being net taxed to argue for the farm laws has poor conceptual validity Over the past three decades, a major rationale offered in favour of liberalising Indian agriculture was that farmers were “net taxed”. In other words, incomes of farmers were kept artificially lower than what they should have been. It was argued that this “net taxation” existed because protectionist policies deprived farmers of higher...

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