-The Times of India • What does the Finance Commission do? In India’s federal structure, taxation powers and obligations for various services — like law and order, health, education — are unequally shared between the Centre and the states. Hence, the Constitution mandates the setting up of a Finance Commission (FC) every five years to recommend how revenues from central taxes should be shared between the Centre and the states. A fair...
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Economic Graffiti: Why morality matters to economics -Kaushik Basu
-The Indian Express To deal with corruption, it is not enough to just get fiscal policies right. It is in our collective long-term interest to nurture individual values. I went to an optometrist last week, who gave me one of those cards to read where the font starts out large and then gets progressively small, to test your reading capacity. In this case what was interesting was the content of the card....
More »Anti-forest, anti-forest dweller -Chitrangada Choudhury
-The Hindu The Compensatory Afforestation Fund is a deeply flawed and unjust mechanism Last month, Minister of State for Environment, Forests and Climate Change Mahesh Sharma informed Parliament that his Ministry has collected over ?50,000 crore in a Central compensatory afforestation fund (CAF). This money is to be used though the Compensatory Afforestation Fund (CAF) Act, 2016 or CAF, a purported mechanism to offset forest loss. Before issuing forest clearances to a...
More »Doctor Modi's Cure for Fake News is Worse Than the Disease -Siddharth Varadarajan
-TheWire.in When a government and ruling party that themselves peddle disinformation now say they want to fight fake news, it is time for the media to batten down the hatches and prepare for the worst. In the name of fighting fake news, the Narendra Modi government is laying a minefield for journalists and media houses that threatens what remains of the free press in India. On Monday, the information and broadcasting ministry spelt...
More »Waiving off loans not a solution -Ashok Gulati and Gayathri Mohan
-The Indian Express First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. Farmers deserve appreciation for...
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