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Here is why the electoral bonds scheme must go -Gautam Bhatia

-The Hindu It violates the basic tenets of India’s democracy by keeping the knowledge of the ‘right to know’ from citizens and voters The Supreme Court, after a brief hearing on March 24, reserved orders on the question of whether or not to stay the electoral bond scheme, ahead of the upcoming State elections. For the last three years, electoral bonds have been the dominant method of political party funding in India....

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PM Housing Fund: DHFL Directors Scammed Thousands Of Crores, Says CBI -Arvind Gunasekar

-NDTV The Pradhan Mantri Awas Yojana (PMAY) is a central scheme to ensure housing for all and was announced in October 2015 New Delhi: The CBI on Wednesday unearthed a scam linked to the Pradhan Mantri Awas Yojana (PMAY) and registered a case against Kapil and Dheeraj Wadhawan, brothers who are promoters of crisis-hit Dewan Housing Finance LIMited (DHFL) and are in jail over fraud and money-laundering charges. According to the CBI, Kapil...

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Lest We Forget: One Year After the Labour and Migration Crisis

-Press release by Working Peoples Charter (WPC) Network dated 23rd March, 2021 A statement on the condition of India’s migrant workforce one year after the COVID-19 lockdowns 24 March marks the anniversary of India’s harsh nationwide COVID-19 lockdown when we witnessed an unparalleled impact on the country’s poor, particularly internal migrants who comprise a 140 million-strong workforce. In 2020, India saw the largest urban-rural exodus in its history, with millions of workers...

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Bengal politics is just like rest of India: toxic, gross and violent -Avijit Pathak

-The Indian Express Never mind what the bhadralok class thinks. The poll campaign has exploded the myth of Bengali exceptionalism. As West Bengal is witnessing the pathology of the prevalent electoral politics, the illusory character of the “cultural capital” the Bengali bhadralok community boasts of is becoming increasingly clear. Yes, this bhadralok class — quite often fixated at the glory of the late 19th and early 20th century Bengal — loves to...

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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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