-TheCitizen.in The losses outweigh the gains A report released on January 15 by the United Nations Department of Economic and Social Affairs estimates that India has the highest number of international migrants in the world. It found that last year 18 million Indians were living abroad, followed by Mexico 11 million, Russia 11 million, China 10 million, and Syria 8 million. It estimates that 10 million or 1 crore Indians emigrated abroad...
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Overtaxation of petrol and diesel cannot be justified
-The New Indian Express Which means sometime last year, when crude was averaging $25 a barrel, petrol should have sold for Rs 50 a litre. Nearly two-and-a-half years ago, when global crude oil prices were around $75 a barrel, petrol was selling at Indian pumps for Rs 75 a litre. Today, when crude oil prices have fallen to $52 a barrel, petrol prices have hit an all-time high of Rs 86 or...
More »RTI reveals MoEF&CC cleared 3 highway proposals disregarding WII’s views -Ishan Kukreti
-Down to Earth Ranthambhore tigers, Chambal gharials and a host of other species could be in trouble due to the clearance given to the highway proposals The Union government has approved forest land diversion for three highway proposals in Rajasthan’s Ranthambhore and Mukundara Tiger Reserves, disregarding the Wildlife Institute of India (WII)’s views, a Right to Information (RTI) application by Down To Earth has revealed. The proposals were approved October 5 last year...
More »We’re not all in the same boat -Amitabh Behar
-The Hindu Fighting inequality must be at the heart of our economic rescue and recovery efforts One of the most incisive and hard-hitting comments on the real import of the COVID-19 crisis came from none other than the United Nations Secretary General, Antonio Guterres. He said: “COVID-19 has been likened to an x-ray, revealing fractures in the fragile skeleton of the societies we have built. It is exposing fallacies and falsehoods everywhere:...
More »Fix inverted tariff structures to boost industrial growth in India -C Veeramani and Anwesha Basu
-Livemint.com Correcting import-duty anomalies will attract foreign firms to set up assembly bases here and lift our global competitiveness A steady decline in import tariff rates in manufacturing industries had been an important feature of India’s economic reforms during the 1990s and 2000s. The average import tariff rate was reduced from about 84% in 1990 to the lowest-ever level of 8.6% in 2010. Consequently, imports of goods plus services as a percentage...
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