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Covid-19: Centre rejects IRS’ proposal of taxing the super rich, calls it an ‘act of indiscipline’

-Scroll.in The finance ministry has directed the CBDT chairperson to seek an explanation from these officers for writing such ‘ill-conceived views’ in public. The Centre on Sunday rejected a proposal made by officials of the Indian Revenue Service suggesting the government should increase taxes to cushion the economic fallout of the coronavirus pandemic. The Centre called it “an act of indiscipline”, NDTV reported. In a 44-page report titled FORCE, or Fiscal Options and...

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Hans Timmer, World Bank's Chief Economist for South Asia, interviewed by Suhasini Haidar (The Hindu)

-The Hindu Disruptions in the supply chain and panic buying can lead to price spikes: Hans Timmer In a report released this month, the World Bank has predicted a ‘dire’ situation for South Asia due to the economic impact of measures to counter the novel coronavirus pandemic, suggesting that the eight SAARC countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Pakistan, Maldives and Sri Lanka) will experience their worst economic performance in 40 years,...

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MHA lockdown guidelines: What’s allowed, what’s not

-The Indian Express Home Ministry New Lockdown Guidelines: Under the revised guidelines, a list of things that is allowed during the extended nationwide lockdown till May 3 Home Ministry New Lockdown Guidelines: A day after extending the lockdown to May 3, the government Wednesday released revised guidelines under which activities like agriculture, Information Technology, e-commerce and movement of trucks and goods carriers will be allowed from April 20 to “mitigate hardships to...

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Coronavirus: Indian labourers in GCC countries are in dire need of help, say experts -Varghese K George

-The Hindu They are at the bottom of the pyramid and have little access to healthcare, say migration experts S. Irudaya Rajan and Ginu Zacharaia Oommen. Migrants labourers have been among the worst hit due to the COVID-19 pandemic. Most Indian migrants in the Gulf Cooperation Council (GCC) countries are at the bottom of the pyramid in their host countries. Infected in large numbers, and with limited access to healthcare, that is...

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Utilise FCI stock for those who have ration cards and those who don’t -Siraj Hussain and Ajit Ranade

-The Indian Express The states must engage NGOs, factories and charities including religious organisations to raise funds for meeting the expenditure on milk, eggs, cooking oil and vegetables, and even soaps and sanitisers. Nearly one-fifth of India’s labour force consists of internal migrants. As per the 2011 census, a quarter of the urban population consists of migrants. These tend to be predominantly male, from the less developed northern states, in the lower...

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