-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....
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Thomas Piketty & Angus Deaton help frame Rahul Gandhi's minimum income promise -DK Singh
-ThePrint.in British economist Angus Deaton, a 2015 Nobel Prize winner, and French economist Thomas Piketty are helping Congress shape its minimum income scheme. New Delhi: Angus Deaton, the British economist who won the Nobel Prize in 2015, and French economist Thomas Piketty are advising the Congress on its ambitious poll promise of minimum income guarantee (MIG) to the poor, party leaders have told ThePrint. Congress president Rahul Gandhi declared Monday that the party...
More »Aruna Roy, well-known social and political activist, interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.in Interview with Aruna Roy. ARUNA ROY is a well-known social and political activist. A former Indian Administrative Service officer, she resigned from the IAS in 1975 and has since worked with the most oppressed in society. Aruna Roy’s observation on government service is indicative of her future concerns: “Everyone calls it an elite service; I always felt the discourse should be a bit better than what it was. I was shocked...
More »Universal Basic Income can be funded by reducing subsidies to the rich -Pranab Bardhan
-The Indian Express I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn. After my last op-ed in this paper (The safety net of the future) several readers, intrigued by the idea of a Universal Basic Income Supplement (UBIS) proposed...
More »Basic income works and works well -Guy Standing
-The Hindu India has the technological capacity, the financial resources, and the need for a simple, transparent basic income scheme In 2010-2013, I was principal designer of three basic income pilots in West Delhi and Madhya Pradesh, in which over 6,000 men, women and children were provided with modest basic incomes, paid in cash, monthly, without conditions. The money was not much, coming to about a third of subsistence. But it was...
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