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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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The Enormous Extra Spend In Budget Is An Illusion -Aunindyo Chakravarty

-NDTV blog Nirmala Sitharaman said: "We have spent, we have spent and we have spent." She had every reason to claim that, since the budget numbers show that the centre spent ₹ 4.1 lakh crore, or 13 percent above what it had planned for last year. Additional spending will continue this year: expenditure is estimated to go up by 14.5 percent in 2021-2022 compared to last year, even though the government's...

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GV Ramanjaneyulu, executive director of the Centre for Sustainable Agriculture, interviewed by Tushar Dhara (CaravanMagazine.in)

-CaravanMagazine.in For over a month, lakhs of farmers from Punjab and Haryana have been camped on Delhi’s borders in one of the largest agrarian protests in India’s history, while talks with the government on withdrawing three farm laws that deregulate the sector persist. At the other end of the country, over the past six years, the agrarian system in Telangana has seen major systemic shifts, after the formation of the state...

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Condemning the new farm laws, Vikalp Sangam urges the government to help the country move towards a more sustainable, regenerative and diverse agricultural system

-Press release by Vikalp Sangam (vikalpsangam.org), dated 5th December, 2020 Vikalp Sangam (vikalpsangam.org) -- a conglomeration of 60+ active CSOs and members -- in its press release dated 5th December, 2020 has stated that the newly enacted farm laws of the Centre will lead to further land alienation (landlessness) and destitution of the peasantry because the laws permit, in thinly disguised form, the unsparing loot by the lobby of agri-businesses and...

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Budget, a mixed bag for farmers -Sukhpal Singh

-The Hindu Business Line While proposals on agri-warehousing and viability-gap funding are positive, MGNREGA cutbacks could have been avoided The Economic Survey had a full chapter on agriculture and food management issues, highlighting the role of agricultural GDP; Minimum Support Price (MSP) regime, mechanisation of agriculture, farm credit, crop insurance, agri research and education, including in allied sectors such as livestock and fisheries, food processing and agricultural trade, besides rationalisation of food...

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