-The Indian Express As against this claim, the Reserve Bank of India's latest data shows that the public sector banks could recover a total of only Rs 15,786 crore in the fiscal year 2016-17 and 2017-18 till December 31 through all recovery channels, including IBC. The BJP claimed on its Twitter account on Saturday that the “Insolvency and Bankruptcy Code (IBC), 2016 has resulted in recovery of Rs 4 lakh crore out...
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What demonetisation did to tax collections -Aarati Krishnan
-The Hindu It has sharply lifted tax buoyancy and ushered many new return filers into the income tax net The argument about whether demonetisation was good or bad for the economy refuses to die down even a year after the event. Former RBI Governor Raghuram Rajan took potshots at it in a recent speech. While one can endlessly debate, with very little data, on whether the ban on high-value currency notes dealt a...
More »Under Modi Government, VIP Hate Speech Skyrockets - By 500% -Nimisha Jaiswal, Sreenivasan Jain and Manas Pratap Singh
-NDTV NDTV scanned nearly 1,300 articles and cross-referenced this with databases. We went through 1,000 recent tweets of politicians and public figures. New Delhi: The use of hateful and divisive language by high-ranking politicians has increased almost 500% in the past four years, an NDTV data collection exercise has found. The premise of the exercise was simple: it seems not a day, or a week goes by without some senior politician -...
More »Freeing the farm -Ashok Gulati & Shweta Saini
-The Indian Express Raising agricultural exports requires the government to unburden policy of consumer bias. A balance should be struck between meeting the needs of food-insecure consumers and income-insecure farmers. The Agriculture Minister, Radha Mohan Singh, recently tweeted about the government’s resolve to increase the value of the country’s agricultural exports to $100 billion by 2022-23. The Dalwai Committee Report on doubling farmers’ incomes also talked of a similar target. It said,...
More »How MGNREGA can be re-engineered for doubling of farmers' incomes -Ashok Pankaj & Mondira Bhattacharya
-The Indian Express The NDA government’s approach towards MGNREGA — the Mahatma Gandhi National Rural Employment Guarantee Act — has differed from that of the previous UPA regime in one significant way: There is greater emphasis now in the building of “individual household” assets, as opposed to “community” assets, under the scheme that provides 100 days of guaranteed wage employment annually to every rural household whose adult members volunteer to do...
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