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Cracking the rural consumption puzzle -Aarati Krishnan

-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...

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NGO plays 'Padman' to empower women in Sabarmati jail -DP Bhattacharya

-The Economic Times If anyone thinks jail is a leveller of gender discrimination, think again. It can be quite stark, even in jail. The men and women in Sabarmati Central Jail in Ahmedabad are treated quite differently as far as work is concerned. In stereotypical fashion, only the men in the jail got to work, while the women had nothing to do and no opportunity to earn. The men in this jail make...

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Why is the South wary of 15th Finance Commission? -Tina Edwin

-The Hindu Business Line Because they are wealthier and have a lower population than northern States New Delhi: The southern States are less dependent on transfers from the Centre than many of their northern peers, but a cut in transfers could leave their fiscal situation precariously poised and upset some of their expenditure plans. That is exactly what they fear will happen when the 15th Finance Commission uses the 2011 population data —...

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Amid agri crisis, pain for rural India as Modi govt chokes MGNREGS funding -Khabar Lahariya & Shreehari Paliath

-Business Standard/ India Spend Delays in wage payment have been a constant throughout MGNREGS implementation Bachcha Lal’s shirt hung loosely over his frail body, exposing his sunken collarbones, as he stood outside his straw-thatched home in central Uttar Pradesh’s (UP) Bundelkhand region. “They all rely on me,” he said, pointing towards his tubercular son, daughter-in-law and grand-daughter. Illiterate and a landless labourer, 65-year-old Lal makes about Rs 175 a day when he...

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In 5 years, 46% hike in base: Tax net widens as individuals fuel the surge -Aanchal Magazine & Anil Sasi

-The Indian Express While the total taxpayer base grew at an average rate of about 7.9 per cent a year, individual taxpayers recorded an average annual growth rate of 8.2 per cent in these five years, inching up from 94 per cent in AY 2011-12 to 94.9 per cent in AY 2016-17, according to official data. New Delhi: Even as the country’s total taxpayer base increased to 6.41 crore in assessment year...

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