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China may have become more prosperous in comparison to India in 2020, estimates new study

During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...

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Let’s strengthen and not dilute the National Food Security Act -Himanshu

-Livemint.com * We must widen its coverage to feed the needy instead of letting subsidy reductions get the better of it * Subsidy reduction is a key aim of Niti Aayog’s proposal to reduce food-security coverage, but our subsidy level is not as high as it looks and the move could thwart efforts to achieve nutrition goals A recent discussion paper by the Niti Aayog has suggested a reduction in the coverage of...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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A sinking island of political pawns -Kalpita Bhar Paul and Megnaa Mehtta

-The Telegraph For the residents of Ghoramara island of the Sunderbans, the upcoming elections hold the key to their survival “How long can we keep our faith in words? I feel that not only have I been betrayed, but I have also betrayed my people. What else can I do except boycott the party gatherings [referring to the TMC] and withdraw from all this?” Walking alongside the river, as one observes the...

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Disaster looms as safety norms are ignored in Himalayan state -Meenakshi Kapoor

-TheThirdPole.net Authorities in Himachal Pradesh want to legalise unauthorised buildings in highest quake-risk region After years of legal tug of war, the mountain state of Himachal Pradesh could see a new relaxation of its urban planning rules, despite repeated warnings about the dangers of unfettered development on its cities’ fragile terrains. According to a 2015 report on landslide vulnerability, most of the built-up areas in Himachal Pradesh, northern India, are in a high-risk...

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