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Modi govt’s monetisation scheme is nothing but a scam being paraded as a plan, cleverly camouflaged in jargon -CP Chandrasekhar

-National Herald It is a scheme to engineer a transfer of income and wealth to those at the apex of the wealth pyramid. It is just a way to hand over wealth created with public money over decades to Corporates Camouflaged In jargon that speaks of ‘monetisation of de-risked assets’, the BJP-led NDA government has announced its plan to sell out India’s public sector. In that plan, assets ranging from roads, ports,...

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Centre's tax revenues grew despite stringent lockdown on the back of excise duties

-The Hindu Shift in tax burden comes at a time when pandemic has led to many job losses and reduced income levels In FY21, despite a stringent lockdown and a raging COVID-19 first wave, the gross tax revenue collected by the Centre increased over FY20. However, the increase was made possible by a sharp rise in contributions from union excise duties. This compensated for the sharp drop in the share of corporate...

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India’s ‘Panama Papers’ on shell firms, tax loopholes gather dust -Gopikrishnan

-DailyPioneer.com Tax firm’s leaked data includes correspondences with 33 Cos, HNWIs India’s own ‘Panama papers’ are gathering dust with law enforcement agencies and the Delhi High Court (HC). The 1.5 GB leaked data belongs to the tax consulting firm Nishith Desai Associates and includes controversial tax-related correspondences involving 33 of India’s biggest Corporates and several high-net-worth individuals (HNWIs). A Delhi-based whistle-blower, who is a software engineer, first got the sensational data and communications...

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India’s vaccine policy needs clarity -K Sujatha Rao

-The Hindu In seeking to pursue conflicting objectives, the policy architecture is complex and difficult to implement Contrary to popular perception, public policies are made without full knowledge or facts. More often than not, they embody assumptions arising from experience, an understanding of history, and present conditions. Considering the vast sea of unknowns surrounding COVID-19, it would be understandable to place a greater reliance on historical experience. Instead, India’s vaccine policy appears...

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Good health, reduction of poverty, hunger rated as today’s top priorities in Ipsos poll

-Down to Earth Half of respondents said their government was not doing enough to achieve SDGs Poverty, hunger and public health have been much stressed upon by development agencies. But now, amid the novel coronavirus disease (COVID-19) pandemic, they have drawn the attention of the global financial community. The world’s top priorities today should be maintaining a healthy population along with reducing poverty and hunger, according to a new poll by market research...

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