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The Proposal for a Minimum Global Corporate Tax Rate -Prabhat Patnaik

-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...

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Rising prices are singeing Covid-battered India, Madame Finance Minister

-The New Indian Express An analysis by The New Indian Express shows that it is not just petrol and diesel prices that are scalding you. Prices of edible oil, tea, and pulses have seen a double-digit growth in the last year. When the April 2021 retail inflation came down to a modest 4.29%, an attempt might have been made to communicate a false sense of relief. The real picture, though, is very...

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A ventilator for the Landour Community Hospital -Sunalini Mathew

-The Hindu How the people of Landour with the help of friends raised money for medical equipment at the Landour Community Hospital — all in a day Five days ago, Priya Kapoor, the editorial director of Roli Books, tweeted out to say that the Landour Community Hospital (LCH), an 80-year-old institution, was fundraising for a ventilator. She appealed especially to those who had “visited and loved Landour”, saying, “Every bit counts.” Landour...

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A bullet train to hunger -Dipa Sinha and Rajendran Narayanan

-The Hindu The pandemic has highlighted the importance of expanding social security nets Pinki is a 28-year-old Dalit woman from Saharanpur, U.P. Her husband met with an accident during the national lockdown in April 2020. The two of them had to sell all their belongings for his treatment and subsequently became dependent on her parents. Such avoidable miseries were heaped on millions due to the unilateral national lockdown in 2020. The monthly...

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Vaccines bought first using PM CARES funds cost Centre more -Priscilla Jebaraj and Jacob Koshy

-The Hindu Current price negotiated through bulk orders may not be replicable: Finance Secy The first lot of vaccines were procured by the Centre using PM CARES funds at a higher rate than the subsequent rounds paid for by budgetary allocations, The Hindu has learnt from the response to a Right to Information request by a transparency activist. The Health Ministry response said that the initial 5.6 crore doses of Covishield were bought...

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