The Internet Freedom Foundation has requested the Tamil Nadu government to provide residents with a choice to produce an alternate document of identification - Medianama The Internet Freedom Foundation (IFF) has written to the Tamil Nadu Finance Secretary requesting the government to provide residents with a choice to produce an alternate document of identification such as a driving license, voter ID, or passport to avail benefits of government schemes. Violation of privacy and...
More »SEARCH RESULT
Top 1% of Indians own 40.5% percent wealth, bottom 50% has around 3% - Oxfam Inequality report
Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...
More »India’s 20 Largest Profit Generators Are Earning 80% Of the Nation’s Profits - Nandita Rajhansa, Saurabh Mukherjea
A decade ago, this figure was around 40%. This is leading to an increasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...
More »Scientists to ICAR: Revoke GM mustard ‘gag order’ - G.S. Mudur
The Telegraph Over 60 scientists have signed a statement accusing the Indian Council of Agriculture Research of trying to ‘silence the voices’ of public sector scientists Sections of scientists on Monday asked India’s apex agricultural research agency to revoke what they described as a “gag order” intended to prevent former government researchers from articulating concerns about genetically modified mustard. Over 60 scientists have signed a statement accusing the Indian Council of Agriculture...
More »Fall in India nominal GDP growth in FY24 to challenge fiscal math - Ira Dugal
Reuters India's nominal GDP growth is likely to fall in FY 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by cutting expenses ahead of national elections in 2024. Nominal GDP growth, which includes inflation, is the benchmark used to estimate tax collections in the upcoming budget to be presented on Feb. 1. It is estimated to be around 15.4% for the current financial year....
More »