-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being revealed by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...
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Uttarakhand Tries To Retain Migrants Back Home Due to COVID-19. Migrants Point To Systemic Issues -Seema Sharma
-IndiaSpend.com Chandigarh: With thousands of migrants who had left Uttarakhand for greener pastures returning amid the lockdown, the state government is trying to convince them to stay on and rebuild their lives there, offering interest-free loans, subsidies and free electricity to set up eco-tourism and micro-enterprises. The state government has also added an additional Budget for employment-generating schemes such as the Veer Chandra Garhwali Yojana, which offers micro credit aimed to...
More »TM Thomas Isaac, Kerala Finance Minister and a trained economist, interviewed by AM Jigeesh (The Hindu Business Line)
-The Hindu Business Line In the thick of battling the Covid-19 pandemic, the CPI (M)-ruled Kerala government gathered Opposition parties on a virtual platform to chart out a common course on livelihood issues and the economic crisis that is simultaneously unfolding. Kerala Finance Minister TM Thomas Isaac, a trained economist, told BusinessLine that India is facing an attack on economic federalism and there is urgent need for the States to combat...
More »Covid-19: Centre rejects IRS’ proposal of taxing the super rich, calls it an ‘act of indiscipline’
-Scroll.in The finance ministry has directed the CBDT chairperson to seek an explanation from these officers for writing such ‘ill-conceived views’ in public. The Centre on Sunday rejected a proposal made by officials of the Indian Revenue Service suggesting the government should increase taxes to cushion the economic fallout of the coronavirus pandemic. The Centre called it “an act of indiscipline”, NDTV reported. In a 44-page report titled FORCE, or Fiscal Options and...
More »How will India emerge out of the lockdown? -G Ananthakrishnan
-The Hindu An opening up has to be accompanied by an increase in relief Budget for the most vulnerable After a 39-day lockdown, what will be the shape of things to come? How should one strike a balance between ensuring livelihoods, minimising strife, and maintaining social distancing? In a discussion moderated by G. Ananthakrishnan, Reetika Khera, and Giridhar R. Babu examine the options. Edited excerpts: * With less than a fortnight left for...
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