-Newsclick.in Finance ministers from G7 countries have agreed on a deal to check tax avoidance by the biggest multinational conglomerations. How the G20 reacts to this accord and how these plans are implemented, remains to be seen. A recent report by ProPublica has revealed how multibillionaires from the US, including Amazon’s Jeff Bezos, Tesla’s Elon Musk, Microsoft’s Bill Gates and Facebook’s Mark Zuckerberg, among others, have managed to avoid paying federal taxes...
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Rote Learning and the Destruction of Creativity -Anurag Mehra
-TheIndiaForum.in Anurag Mehra teaches engineering and policy at IIT Bombay. His policy focus is the interface between technology, culture, and politics. The shallow form of schooling with its emphasis on information kills rather than develops curiosity and creativity, all made worse by the importance given to 'marks' recorded in exams. An overhaul is needed but not one driven by digital delusions. Policymakers seem to have a deep love for the word 'innovation'. The...
More »It’s time to protect the poor and the MIGrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »Indian family budgets are stretched, they’re borrowing more. Faster vaccination can fix this -Ila Patnaik and Radhika Pandey
-ThePrint.in RBI data shows a sharp increase in households borrowing against gold. Other indicators also show higher borrowing. More credit is fine, but vaccination needs priority. The second wave of the Covid-19 pandemic and the ensuing lockdown has hit household incomes sharply. Households have survived to a large extent by borrowing. The Reserve Bank of India (RBI) data shows a sharp increase in households borrowing against gold. In addition to borrowing from the...
More »COVID-19 in UP: No Food, No Money, No MGNREGA Work, Second Wave Forcing MIGrant Workers to Die by Suicide -Abdul Alim Jafri
-Newsclick.in According to union leaders, due to the panchayat polls from April to May in Uttar Pradesh, there was a halt in MGNREGS work, and the demand for labourers further slumped due to the complete lockdown that followed soon after. Lucknow: Brindaban Banjara (40), a security in-charge at Paragon footwear in Nangloi area of Delhi used to earn Rs 22,000 per month before the pandemic hit. But, within a span of three...
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