-The Hindu Labourers from West Bengal, Assam have gone home to exercise their franchise Kochi: Kabir Ahmad (name changed), a migrant worker in Perumbavoor, had to spend a small fortune on a flight ticket to return home to Hojai district of Assam last month following his parents’ anguished plea to get back in time for voting. Their desperation was borne out of the perceived danger posed to the community by the National...
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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 »State of Rural and Agrarian India Report 2020 reveal the vulnerabilities faced by Indian agriculture
-Press release by Network of Rural and Agrarian Studies (NRAS), dated 30th November, 2020 The “State of Rural and Agrarian India Report 2020” was released by Dr. V Ramgopal Rao, Director, IIT Delhi today in an online webinar organised by the Network of Rural and Agrarian Studies (NRAS). This report is being brought out by the NRAS, which is a pan-India network of scholars, researchers, practitioners, farmers, students, and activists engaged...
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
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