-Scroll.in We must remember that there is no one such thing as ‘Indian agriculture’ whenever we discuss reforms. Multiple models need to be discussed. On Monday, Parliament cleared a bill to repeal the three farm laws that had gripped Indian politics for much of the past year. Passed in September 2020, the laws were meant to allow much greater play of Corporate Capital in Indian agriculture. However, the laws also sparked fears...
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Modi is Wrong: Death Data Shows Protest Not of Big Farmers—Economist Lakhwinder Singh -Ajaz Ashraf
-Newsclick.in BJP wants to turn farmers into daily wage workers in the corporate sector, says the author of the report that analyses the economic status of farmers who died during the ongoing protests. On 26 November 2020, waves upon waves of farmers descended upon India’s Capital. Barricaded from entering Delhi, they pitched tents at three border crossings on the outskirts of the city. They have resolutely stayed there since then, braving the...
More »India’s ‘Panama Papers’ on shell firms, tax loopholes gather dust -Gopikrishnan
-DailyPioneer.com Tax firm’s leaked data includes correspondences with 33 Cos, HNWIs India’s own ‘Panama papers’ are gathering dust with law enforcement agencies and the Delhi High Court (HC). The 1.5 GB leaked data belongs to the tax consulting firm Nishith Desai Associates and includes controversial tax-related correspondences involving 33 of India’s biggest corporates and several high-net-worth individuals (HNWIs). A Delhi-based whistle-blower, who is a software engineer, first got the sensational data and communications...
More »The Poverty of Economic Conservatism -Prabhat Patnaik
-NetworkIdeas.org In terms of economic policy, the Modi government must be perhaps the most conservative in the world. During the entire period of the pandemic when millions of people lost their incomes and livelihood support, most governments around the world provided universal cash transfers to the people, but not the Modi government. True, many other third world countries too did not provide such universal cash transfers, but their hands were tied;...
More »The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik
-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...
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