-CNBCTV18.com Income tax payers are admittedly abysmally low in India but the problem to a large extent is of our own making with too many holy cows and touch-me-nots. We often hear the elegy that in a country of 135 crore, hardly 1.5 crore people pay income tax although thrice of that number file returns. The answer is not far to seek though. We have right from the beginning exempted agricultural income...
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In Search of Inclusive Recovery: An Analysis of Union Budget 2022-23 -- CBGA
-Centre for Budget and Governance Accountability (CBGA), February 4, 2022 Since 2006, Centre for Budget and Governance Accountability (CBGA) has been bringing out an analysis of the Union Budget every year soon after its presentation in Parliament. This publication aims to facilitate an informed discussion on the Budget focusing both on revenue and expenditure aspects, particularly around the social sectors, agriculture, rural economy, climate actions and provisioning of budgetary support for...
More »Prison Statistics Report 2020 Shows Govt’s Negligence of Prisoners During the Pandemic -Saranga Ugalmugle and Ancy Susan George
-TheWire.in Contrary to expectations, the report shows that 40,000 more undertrials were held in prisons in 2020 than in 2019. Congestion in prisons in India came into renewed focus after the onset of the COVID-19 pandemic. Courts took urgent measures to prevent the spread of the contagious virus in prisons, asking state governments to set up high powered committees to release incarcerated persons on bail or parole. As a consequence, it is...
More »Three questions which capture India’s medium-term economic challenge -Roshan Kishore and Vineet Sachdev
-Hindustan Times By prioritizing long-term growth via a capital spending push, the budget has underplayed the need for urgent steps to boost short-term consumption demand. Immediate analyses of the Union Budget are always focused on the headline numbers which the document contains. While these numbers are important , it is essential to take a big picture view of the economy to examine the validity of the budget’s larger premise. Such an exercise...
More »55% of construction workers’ welfare fund unspent
-The Hindu Rs. 35,399.40 crore spent from ₹78,521.24 crore collected, Minister tells Lok Sabha in written reply Over half the amount collected in the form of a cess on construction projects to fund welfare schemes for workers has not been utilised so far, the Labour and Employment Ministry informed the Lok Sabha on Thursday. The cess, collected under the Building and Other Construction Workers’ Welfare Cess Act, 1996, is supposed to be used...
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