-The Hindu Investment in these areas will create demand in the short run and make the economy more competitive in the long run In recent months, the government’s macroeconomic policy has acquired a new salience in the context of reversing the current slowdown. The policy currently being pursued is intended primarily to incentivise potential investors by facilitating ease-of-doing-business and making large-scale Concessions to the corporate sector. In this context, the government is...

-Newsclick.in The ongoing economic slowdown will increase joblessness further as not only are jobs being lost, no new jobs are being created. While some leaders of the present government are blithely going about giving the world supposed lessons on how to govern, as Narendra Modi did at the UN General Assembly, and some others are busy handing out Concessions to domestic and foreign corporates, the people in India are getting strangled by...

-Newsclick.in This bounty for corporate houses comes at a time when common people are reeling under a slowdown, joblessness is at record levels and incomes are stagnating. Continuing her series of press conferences, that are becoming like a treasure hunt for corporates, finance minister Nirmala Sitharaman announced today that corporate tax rates will be slashed from the current 30% (average) to 25.17% including all cess/surcharge. Actually, if no other concession is availed...

-Newsclick.in Measures announced by the finance minister are mere Concessions to industry lobbies and stock market, and don’t address lack of demand. The raft of measures announced by India’s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don’t even address the key problems of lack of purchasing power with the people and raging unemployment. It’s rearranging the furniture when the house is...

-The Hindu Revenues from appropriately charging personal transport can make public transport cheap Women may soon get to travel for free on buses and Metro trains in Delhi. This gender-based public transport fare subsidy programme, announced by the Aam Aadmi Party government, has not been tested anywhere in India in the past. Proponents claim that the policy will protect and liberate women. Critics argue that it is financially unviable and unfair. As...