-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...
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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...
More »Will linking MSP with cost really have any benefits? No, say farmers & experts -Chitleen K Sethi
-ThePrint.in Farmers’ bodies and experts say the key to any benefit to farmers lies in how the production cost or the cost of cultivation is calculated. Chandigarh: One of the most significant takeaways from the Union Budget presented by finance minister Arun Jaitley Thursday was the proposed increase the minimum support price (MSP) for all unannounced kharif crops to at least one-and-a-half times the production cost. The announcement is expected to directly impact...
More »Education ups attendance of MPs, criminal history lowers it -Neelanjan Sircar
-Hindustan Times An analysis of parliamentarians’ attendance suggests a correlation between their regularity and the troika of moveable wealth, education, and criminality. Showing up to work is the least we can expect from our Members of Parliament (MPs). Yet, very few MPs do this with regularity — only 20% of standard (non-minister) MPs that served a full term in Lok Sabha between 2009 and 2014 attended Parliament at least 90% of the...
More »CSDS Mood of the Nation Survey, 2018: Crop prices biggest concern for farmers -Sanjay Kumar and others
-The Indian Express One in every four farmer respondents across all regions of the country said low prices of crops was their most pressing problem. The current crisis in India’s farm sector is perhaps the worst in the last 15-odd years. The Lokniti-CSDS survey (Part 1 was published on Wednesday) has a separate section on farmers’ issues, intended to throw light on their concerns and problems. One in every four farmer respondents across...
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