-Networkideas.org In recent times, the clamour for formalising economic activity, or shrinking its unorganised component and expanding the organised, has been heard from diverse sources. There are those who want formalisation to occur because the unorganised sector is seen as being largely outside the direct and indirect tax net, depriving the government of much needed resources. Hence, for example, one feature seen as favouring the Goods and Services Tax regime is...

-TheWire.in Most of the ‘reforms’ that are being introduced to address poor delivery of social services are silent on the issue of inadequate human resources, among other shortfalls in capacity. The poor performance of the public sector especially in education, health and other social services has been the subject of a lot of debates in the last few decades. The dominant narrative has attributed implementation failures to corruption, lack of accountability, poor...

-Press Release by Oxfam India dated 9 October 2018   Nigeria, Singapore, India and Argentina are among a group of governments that are fueling inequality, according to a newly released edition of the Commitment to Reducing Inequality Index developed by Oxfam and Development Finance International. The Index ranks 157 countries on their policies on social spending, tax, and labor rights - three areas the organizations say are critical to reducing inequality. It...

-PTI Ranks among bottom 10 countries London: India has been ranked among the bottom 10 countries in a new worldwide index released on Tuesday on the commitment of different nations to reduce inequalities in their populations. UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ ranks India 147th among 157 countries analysed, describing the country’s commitment to reducing inequality as a “a very worrying situation” given that it is home to 1.3...

-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...