-Press Release by Oxfam India dated 9 October 2018 Nigeria, Singapore, India and Argentina are among a group of governments that are fueling inequality, according to a newly released edition of the Commitment to Reducing Inequality Index developed by Oxfam and Development Finance International. The Index ranks 157 countries on their policies on social spending, tax, and labor rights - three areas the organizations say are critical to reducing inequality. It...
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Beat the queue at airports, railway stations by being honest in paying income tax
-Livemint.com The Income Tax department is in the process of chalking out a new policy which will reward taxpayers who are not only honest but also consistent in filing ITRs. The rewards could include priority access at airports and railway stations. New Delhi: Want to beat the queue at airports, railway stations and toll gates on highways? Filing your income tax returns (ITR) honestly and consistently every year on time can be...
More »'Rationalising subsidies, improving infrastructure could revive agri-sector' -Kiran Pandey
-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »People's consultation on budget urges higher spending on education & health
-Press release by People's Budget Initiative (PBI, http://www.pbiindia.net/) New Delhi: People's Budget Initiative (PBI) is a coalition of civil society organisations from across the country which promotes people’s voice in policy making processes related to government budgets in India. As part of its campaign on ‘Budget Justice for Disadvantaged Sections’, a national consultation on Budget Justice: Agenda for the Next Five Years was organized in New Delhi on 14th September, 2018....
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