-The Indian Express One year since the Covid-19 lockdown was imposed, there’s been little change in the hunger levels and unemployment rate among migrant workers, especially women. Today marks the first anniversary of the day the central government announced an ill-planned national lockdown. India is home to nearly 500 million informal sector workers with practically non-existent social security and the unilateral decision pushed them into perilous circumstances, triggering their great exodus from...
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Potato prices crash 50% to Rs 5-6 per kg in both producing, consuming areas
-PTI/ Business Standard Potato prices in both producing and consuming areas across India have crashed 50 per cent to Rs 5-6 per kg this year on account of good rabi (winter) crop, as per the government data Potato prices in both producing and consuming areas across India have crashed 50 per cent to Rs 5-6 per kg this year on account of good rabi (winter) crop, as per the government data. While consumers...
More »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...
More »How Can India’s Judiciary be More Economically Responsible? -Pradeep S Mehta
-TheWire.in There is no reason for courts to not take expert assistance in complex matters and it should resort to this route more often. In India, and indeed many countries around the world, development work is seen at a crossroads with protecting the world’s natural environment. Agriculture is the oldest and biggest intrusion into nature, which has historically upset our ecological equilibrium. Besides this, forests have to be cut down; rivers have to...
More »Petrol, diesel price hike: RBI governor calls for reduced indirect taxes on fuel -Anulekha Ray
-Livemint.com * Central and state taxes make up for 60% of the retail selling price of petrol and over 54% of diesel * On 20 February, petrol price was hiked by record 39 paise per litre and diesel by 37 paise a litre Reserve Bank of India governor Shaktikanta Das called for reduced indirect taxes on petrol and diesel to contain the fuel prices at a reasonable level. Petrol and diesel prices in...
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