-Down to Earth The use of tax incentives to attract investments is prevalent around the world. However, there is no definitive data on the global magnitude of incentives granted because not all countries collect and publicly report such data and there is no common methodology for reporting across all countries. Rough estimate by Action Aid (2013) pegs the incentives granted by developing countries from corporate income tax (CIT) at $138 billion....

-IDRonline.org Replacing India's Public Distribution System with Direct Benefit Transfers will improve efficiency, but shouldn't be implemented at the cost of individual choice. The Public Distribution System (PDS) is India’s flagship food security programme but also suffers from well-known inefficiencies. Even official government estimates suggest that a large share of public spending on the PDS does not reach intended beneficiaries. Thus, the idea of Direct Benefits Transfer (DBT) in lieu of subsidised...

-The Telegraph Review petition to be filed in Supreme Court against judgment that calls for department as unit for working out quotas The government on Thursday admitted before a parliamentary panel that the Scheduled Tribes would virtually be left without reservation in college and university teachers’ jobs if each department is considered the unit for calculating the quotas, as mandated by the courts. Human resource development ministry officials who appeared before the panel...

-The Hindu Business Line In the wake of the government announcing direct income support of ?6,000 per year for small and marginal farmers in the interim Budget on February 1, the Reserve Bank of India, on Thursday, raised the limit for collateral-free agriculture loans to Rs.1.6 lakh from Rs.1 lakh. The central bank said the increased limit will enhance coverage of small and marginal farmers in the formal credit system. The circular...

-The Indian Express Why Niti Aayog’s evaluation of Sustainable development Goals has room for improvement. The NITI Aayog should be complimented for releasing the “SDG India Index Baseline Report 2018”. The document tracks India’s progress at the sub-national level on 13 of the 17 Sustainable development Goals (SDGs). The launch of an index that maps India’s endeavours at sustainable development is significant in several ways. The performance of the world’s second-most...