-The Indian Express Despite having some ability to benefit a section of the economically worse off, the researchers say, it is mostly a “political stunt” and limited in its ability to tackle income inequality. New Delhi: The Congress’ proposal of Nyay, a monthly payout of Rs 6,000 to the poorest 20 per cent, can be best served with “more progressive taxation,” which could include a wealth tax on the rich, says...
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'Political parties most distrusted, Army, judiciary win people's trust,' says study
-The Hindu A new survey ahead of elections shows lack of jobs is single biggest worry Ahead of the Lok Sabha elections, a public opinion survey in 12 states has found that political parties are the most distrusted political institutions in India. It also found that one in five of those surveyed felt that unemployment is the single biggest issue facing the country today. The survey, Politics and Society between Elections 2019, found...
More »Income plan: Economists consulted, says Rahul; uphill task, feel experts
-PTI NEW Delhi: Congress president Rahul Gandhi on Tuesday said his party consulted several economists including former RBI governor Raghuram Rajan on its minimum income plan for the poor even as leading experts said that implementing such a scheme would be an uphill task. In a mega poll promise, Gandhi on Monday announced that under 'Nyay' - an acronym for Nyuntam Aay Yojana - Rs 72,000 will be given to the poorest...
More »Farm loan waivers kill credit culture, says Raghuram Rajan
-PTI NEW Delhi: India needs to focus on resolution of farm distress rather than loan waivers which kill the credit culture, former RBI governor Raghuram Rajan said on Tuesday. "First we need to worry about why people are so distressed and angry. There is a lot of agriculture distress. I personally believe that farm loan waivers are not the answers. But there are other answers," he said when asked about what should...
More »Missing in national job market: 2.8 crore rural women over the last six years -Jay Mazoomdaar
-The Indian Express The decline, according to the Periodic Labour Force Survey (PLFS) 2017-2018 report by NSSO which the government has withheld, is more acute in the working age group of 15-59 years. New Delhi: Over five crore rural women have left the national job market since 2004-05. Female participation has fallen by 7 percentage points since 2011-12, amounting to approximately 2.8 crore fewer women looking for jobs. The decline, according to...
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