-TheCitizen.in NEW DELHI: The Association for Democratic Reforms (ADR) on August 7 released a report detailing the donations declared by regional political parties to the Election Commission (EC) for the 2016-17 financial year. Of the 48 parties considered in the report, 16 including the People’s Democratic Party and the All India Majlis-e-Ittehad-ul Muslimeen have yet to submit their declarations to the EC. A further six claim to have received no contributions at...
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Why independents fail to make a mark in elections -Jagdeep Chhokar
-Hindustan Times The key to this problem lies in the way political and electoral financing are conducted in this country The stranglehold of political parties on the electoral and political system continues to increase with time. The anti-defection law, passed in 1985, formalised the control of political parties even on Parliament. Despite a large number of candidates on the Electronic Voting Machine (EVM), the candidates with a realistic chance of getting elected...
More »Data shows corporates are consistently favoured over rural India -Jitendra
-Down to Earth Corporate India gets indirect subsidy equivalent to 60 per cent of government expenditure on rural areas A recent analysis has revealed a shocking injustice being done consistently to rural India by the government with corporates getting subsidies at its expense. The Inclusive Media for Change, a New Delhi-based non-profit has analysed the last seven Union Budgets. It has found that indirect subsidy, termed as “tax expenditure” that was given...
More »'Formalising' the Economy: What's in It for Workers? -Karuna Dietrich Wielenga and Shashank Kela
-TheWire.in The Modi government’s attempts to reshape the economy lie entirely in the financial realm; they come on the back of concerted efforts to strip workers of legal protection in not just the informal sector, but also the formal. The Narendra Modi government has made two major interventions in the economic sphere, demonetisation and the Goods and Services Tax (GST), with the ostensible aim of expanding the formal sector at the expense...
More »Size of tax rebates is large as compared to spending by agricultural & rural development ministries
Believe it or not, the total revenue foregone in 2017-18 on account of special tax rates, exemptions, deductions, rebates, deferrals and credits -- broadly termed as 'tax expenditures' (an indirect subsidy) – that was given to corporate taxpayers has been more than 50 percent of the expenditure incurred by the Ministry of Agriculture & Farmers Welfare (MoAFW) and the Ministry of Rural Development (MoRD) altogether in that year. In other...
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