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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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Make peace with nature now -Inger Andersen

-The Hindu This year can go down as the year when we set the planet on a path towards healing As COVID-19 upends our lives, a more persistent crisis demands urgent action on a global scale. Three environmental crises — climate change; nature loss; and the pollution of air, soil and water — add up to a planetary emergency that will cause far more pain than COVID-19 in the long-term. For years, scientists...

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Money vs. happiness -Raghav Gaiha and Veena S Kulkarni

-The Hindu Subjective well-being and income are intricately linked The question whether the rich are more satisfied with their lives is often taken for granted, even though surveys, like the Gallup World Poll, show that the relationship between subjective well-being and income is often weak, except in low-income countries in Africa and South Asia. Researcher Daniel Kahneman and his collaborators, for example, report that the correlation between household income and reported life...

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Mid-Day Meals play a crucial role in guaranteeing child nutrition in the post-pandemic world

School meals ensure nutrition for millions of vulnerable children across the world. Almost 370 million children worldwide are covered by school feeding programmes. While 100 million school children benefitted from the noon meal scheme in India prior to the COVID-19 pandemic, countries like Brazil (48 million), China (44 million), South Africa (9 million) and Nigeria (9 million) too run similar programmes for school children. However, an estimated 39 billion in-school...

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Create protocols and decommission the ageing large dams speedily, recommends latest UNU-INWEH study

Large dams that cause environmental degradation and large-scale displacement, among other things, have been opposed in India by civil society organisations (CSOs), such as Narmada Bachao Andolan (NBA), National Alliance of People's Movement (NAPM) and People's Union for Civil Liberties (PUCL). A recently published study by the United Nations University's Canada-based Institute for Water, Environment and Health along with other partner organisations reveals that tens of thousands of existing large...

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