-Newsclick.in Two taxes – inheritance and wealth -- alone, levied only on the top 1% of the population, would be enough to fetch Rs.14.67 lakh crore. It is often believed that the ability to pass on property to one’s progeny is an essential element of capitalism, without which the capitalists’ incentives will dry up and the system will lose its dynamism. Nothing could be further from the truth; indeed the acquisition of...
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Weather advisories drive farmers’ income up to 50% -Richard Mahapatra
-Down to Earth Every rupee spent on weather forecasting fetches 50-fold economic gains to below poverty line farming families A survey by the National Council of Applied Economic Research (NCAER) has shown that timely delivery of weather advisories to farmers had a significant impact on their income. The survey was done to gauge the economic impact of India’s investments on the National Monsoon Mission (NMM) and High Performance Computing Facilities (HPC). It...
More »Deserted wives, children entitled to alimony from date of application: Supreme Court -Krishnadas Rajagopal
-The Hindu Apex court lays down guidelines for matrimonial cases. The Supreme Court on November 4 held that deserted wives and children are entitled to alimony/maintenance from the husbands from the date they apply for it in a court of law. In a significant judgment by a Bench of Justices Indu Malhotra and R. Subhash Reddy, the top court said women deserted by husbands were left in dire straits, often reduced to destitution,...
More »Coal Auction: Independent Analysis Reveals All 42 Companies Violate Norms, Suggests Proper Test -Sumedha Pal
-Newsclick.in An assessment by the Environics trust and the Mineral Inheritors Rights Association shows that not even a single company qualifies the fit and proper person test often used by international agencies as a benchmark for a place in the bidding process of natural resources. For the first time in five decades, India’s coal reserves are up for grabs to private sector bidders. The auction for 38 coal blocks is currently underway....
More »Bihar asks Centre to hike its MGNREGA labour budget -Priscilla Jebaraj
-The Hindu 20% of people demanding work have been denied; even higher on ground, say workers. Having run through 74% of its labour budget under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) at the halfway point of the year, and expecting the demand to go up still further in a pandemic year, Bihar has asked the Centre for an additional six crore persondays of work to be added to its...
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