-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the development of an alternative to the capitalist economic model. In an...
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Cloak on RTI bill -Anita Joshua
-The Telegraph New Delhi: In the Lok Sabha bulletin for legislative business of the upcoming monsoon session, one bill stands out because it is the only one about which no details have been furnished. The bill seeks to amend the Right to Information Act of 2005, and the ironical opaqueness has alarmed transparency advocates who have mounted a pushback. As many as 18 bills are listed for introduction, consideration and passage in the...
More »A broken tax chain -Arun Kumar
-The Hindu The GST’s faulty design has prevented the economy from benefiting fully from the indirect tax regime A year ago, at a special midnight session in Parliament, the launch of the goods and services tax (GST) was heralded as the new freedom. A year on, what has the GST achieved? ? One should not expect instant results. There will be many short comings when a complex reform is rolled out. But...
More »Farmers' organisations seek enactment of Freedom from Debt Bill, Guaranteed Fair and Remunerative Prices Bill -Joe C Mathew
-IndiaToday.in New Delhi: All India Kisan Sangharsh Coordination Committee (AIKSCC), a coalition of 193 farmers' organisations from across the country, will lobby for the enactment of two private bills - Farmers' Freedom from Debt Bill and Guaranteed Fair and Remunerative Prices Bill - to ensure comprehensive debt relief to farmers and remunerative prices for the farm produce in the forthcoming session of the Parliament. The Bills, submitted by Parliamentarians Raju Shetti and...
More »How State budgets will fare if petrol, diesel are brought under GST -Rohan Abraham
-The Hindu While consumers will be glad to see their fuel bills slashed by the advent of a favourable rate structure under the GST, State governments will have to contend with an erosion in tax revenue. At the time of writing, petrol was retailing at Rs.82.48/litre in Mumbai, roughly 62% more than the Rs.50.8/litre Pakistanis shell out for a tank of gas. This is despite the fact that crude oil prices are...
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