-Livemint.com One-off gains from Income Disclosure Scheme 2016 call for scepticism about any immediate claims of demonetisation having widened India’s income tax net News reports have quoted government officials making claims about a record increase in the number of income tax payers in 2016-17. Should such claims be seen as a success of demonetisation in forcing unscrupulous individuals to become a part of income tax net? An analysis of direct tax collection...
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Economy growing at 7%, jobs at 1% -Subodh Varma
-The Times of India While the economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force. Seen in this context, the government is facing a growing employment...
More »From Plate to Plough: It's not about loan waivers -Ashok Gulati & Ranjana Roy
-The Indian Express Indian farmers are facing multiple crises. Punjab’s case highlights their problems. THE ANSWER TO who will form the next government in Punjab is currently sealed in the ballot boxes. Meanwhile, there are reports that the Election Commission has written to the home minister, reinforcing its demand to make electoral bribery a cognisable offence. But what about the assurances made in election manifestos which promise voters the moon before the...
More »Nice To See NREGA Trending. But Urgent Fixes Needed. -Reetika Khera
-NDTV The "highest ever allocation" to NREGA (which also led to it trending on Twitter) in the Union Budget has provided a useful opportunity to raise some pressing issues related to the implementation of the scheme. It is natural, and welcome, that the government turn to NREGA to provide much-needed relief to those whose already precarious lives have been disrupted by demonetization, a man-made economic disaster. Widespread reports of job losses...
More »Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf
-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...
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