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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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The south Indian farmers turning from oil palm to coconut -Sharada Balasubramanian and Jency Samuel

-TheThirdPole.net Farmers and consumers are opting to grow coconut trees despite the national push for domestic palm oil production Jeyalakshmi Palaniappan, 55, planted one-and-a-half acres of oil palm in a village in the southern Indian state of Tamil Nadu. But she found cultivating them financially unviable and, nine years later, she uprooted them. Now, she grows coconut trees on another piece of land in the same village, and these are bringing her...

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Modi’s Grand Insurance Scheme Prioritises Profit Over Farm Losses -Srishti Jaswal

-Article-14.com Over 3 years to 2020, as India’s farm crisis deepened, 18 insurance companies running Prime Minister Narendra Modi’s crop-insurance scheme rejected nearly a million claims. As pandemic and pestilence devastated farms, we reveal how the scheme’s complex fine print frustrates farmers and disregards individual loss Hisar, Haryana: As 2020 began, Haryana cotton farmer Ramandeep sensed it would be harsher than the previous years: the winter rains were scanty, withering his crop...

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The pillars of an equitable post-COVID India -S Mahendra Dev

-The Hindu In the post-pandemic world, addressing inequality is key to sustaining growth and well-being COVID-19 in the last one year has once again reminded us of the growing inequalities in India. A recent Pew Research Report shows that India’s middle class may have shrunk by a third due to the novel coronavirus pandemic while the number of poor people earning less than ₹150 per day more than doubled. The Pew report...

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India, S. Africa move WTO on COVID-19 prevention, treatment -Bindu Shajan Perappadan

-The Hindu They seek waiver on some provisions of world agreements that regulate intellectual property rights to expedite steps to contain pandemic India and South Africa, in a formal submission to the World Trade Organization (WTO) on October 2, sought a waiver on certain provisions of the international agreements that regulate intellectual property rights to speed up efforts to prevent, treat and contain the COVID-19 pandemic. In the communication, the countries said there...

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