The Union budget writes off Rs.240 crore in corporate income tax every single day on average — the same amount leaves India each day in illicit fund flows to foreign banks. In six years from 2005-06, the Government of India wrote off corporate income tax worth Rs.3,74,937 crore — more than twice the 2G fraud — in successive Union budgets. The figure has grown every single year for which data are...
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How not to tackle the black economy in India by Arun Kumar
Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
More »Call to punish erring doctors to curb female foeticide
Urgent and sustained efforts needed to curb female foeticide were discussed at a two-day workshop on “female foeticide: rights of the girl child, problems and solutions,” held at the Tata Institute of Social Sciences (TISS) here on Friday and Saturday. The workshop was organised to mark the National Girl Child Week from January 24 to 31. “The sex ratio in the country is decreasing at an alarming rate. The educated, upper classes,...
More »Honesty is indivisible by Arun Kumar
Illegality in India today touches almost every economic activity. It is both systemic and systematic. The Indian ruling class faced its severest crisis of credibility in 2010. Its past caught up with it and skeletons and scams were spilling out of its closets. The scams have a symbiotic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached...
More »Several questions on UID unanswered, say experts
A number of questions on the Unique Identification (UID) project continue to remain unanswered while the project itself is necessitated by the government's policy shift to play an indirect rather than direct role in providing services, a panel of researchers told journalists on the sidelines of a public talk on the subject at St. Xavier's College here on Saturday. Usha Ramanathan, researcher on jurisprudence, poverty and rights, said it was not...
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