-Newsclick.in Finance Minister Nirmala Sitharaman invoking ‘Act of God’ to deny states their promised dues, not only violates an Act of Parliament but also defies economic logic. When the Goods and Services Tax (GST) was introduced, and states virtually gave up the power to levy indirect taxes which they had enjoyed under the Constitution, the Centre had solemnly promised that it would compensate them for five years for any revenue shortfall arising...
More »SEARCH RESULT
Total Matching Records found : 17163
Nearly 18.2% households in Bihar demanded MGNREGA work in the current financial year (till Aug 31st) but did not receive it, shows a recent tracker by Peoples' Action for Employment Guarantee
-Third MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 4th September, 2020 The latest tracker of the Peoples' Action for Employment Guarantee (PAEG) focuses on the state of implementation of MGNREGA in Bihar. The state has witnessed devastating floods that have affected the lives and livelihoods of numerous residents of Bihar. In addition, the state government itself admits to the return of nearly 18 lakh migrant workers back...
More »Steady decline in farm sector suicides from 2016 to 2019, NCRB data shows -Deeptiman Tiwary
-The Indian Express A comparative study of data on Accidental Deaths and Suicides released by NCRB shows that suicides in the agriculture sector have declined by 10% — from 11,379 in 2016 to 10,281 in 2019. Suicides in the farm sector have steadily declined over four years, according to the latest data released by the National Crime Records Bureau (NCRB). A comparative study of data on Accidental Deaths and Suicides released by NCRB...
More »India must aim for wider consumer base, direct public spending accordingly -Suvodeep Rakshit and Avijit Puri
-The Indian Express To achieve economic growth of 7-8 per cent, the government needs to start addressing some of the traditional sore points such as the large infrastructure deficit, the weak financial sector, archaic land and labour laws, and the administrative and judicial hurdles. India entered the pandemic with declining growth and limited scope for a conventional and large fiscal stimulus. We had noted in an article (IE, January 20, ‘Limited scope...
More »Urjit Patel, former Governor of Reserve Bank of India, interviewed by Puja Mehra (The Hindu)
-The Hindu Our macroeconomic problems have created financial sector crisis periodically, says the former Reserve Bank of India Governor. In his first interaction with a journalist after stepping down from the Reserve Bank of India (RBI), former Governor Urjit Patel spoke about his new book, Overdraft: Saving The Indian Saver, with Puja Mehra in a conversation on invitation from the Pune International Centre. Edited Excerpts. * What made you decide to write this...
More »
