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Contribution to Patanjali Research Foundation to get tax exemption -Shishir Sinha

-The Hindu Business Line Central Government approved the Baba Ramdev-owned entity under the category ‘Research Association’ The Income Tax Department has notified five years exemption for Patanjali Research Foundation Trust, based in Haridwar (Uttarakhand). “The Central Government hereby approves M/s Patanjali Research Foundation Trust, Haridwar under the category ‘Research Association’ for Scientific Research for the purposes of clauses (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules...

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Did the Modi government give parliament dubious data on media ads? -Ayush Tiwari

-Newslaundry.com The data shows NewsX, News Nation and India News got more ad money than Republic and Times Now. But numbers released under the RTI Act tell another story. In February this year, the Directorate of Advertising and Visual Publicity, or DAVP, released data on the Narendra Modi government’s advertisement expenditure in the media. It shows that Republic TV and Times Now, the two most watched English news channels, received fewer government ads...

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Govt to roll out unorganized sector database by end of Jul -Prashant K Nanda

-Livemint.com The aim is to enrol nearly 380 mn workers and provide them benefits during times of distress The Union government will roll out the unorganized sector database by the end of July to enrol almost 380 million workers, weeks after the Supreme Court rapped the labour ministry, saying that it showed “unpardonable" apathy towards workers in the informal sector. The development comes more than a year after the mass reverse migration of...

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Jean Drèze, development economist and right to food activist, interviewed by Shriya Mohan (The Hindu Business Line)

-The Hindu Business Line The development economist, now part of Tamil Nadu’s Economic Advisory Council, says that public expenditure on health is just 0.6 per cent of the state domestic product, one of the lowest ratios among Indian states * Universal quality education, health care and social security are still distant goals * A well-designed system of emergency cash transfers would be quite useful in this situation of recurrent crises, which may last...

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The Poverty of Economic Conservatism -Prabhat Patnaik

-NetworkIdeas.org In terms of economic policy, the Modi government must be perhaps the most conservative in the world. During the entire period of the pandemic when millions of people lost their incomes and livelihood support, most governments around the world provided universal cash transfers to the people, but not the Modi government. True, many other third world countries too did not provide such universal cash transfers, but their hands were tied;...

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