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Modi govt gives Rs.1.45 lakh crore gift to corporates -Subodh Varma

-Newsclick.in This bounty for corporate houses comes at a time when common people are reeling under a slowdown, joblessness is at record levels and incomes are stagnating. Continuing her series of press conferences, that are becoming like a treasure hunt for corporates, finance minister Nirmala Sitharaman announced today that corporate tax rates will be slashed from the current 30% (average) to 25.17% including all cess/surcharge. Actually, if no other concession is availed...

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Is urban health care being neglected? -Yogesh S

-Newsclick.in The Infant Mortality Ratio (IMR) data, which has either risen or remained stagnant in urban areas raises questions about the condition of the urban health care system. While on one hand, the Narendra Modi led Bharatiya Janata Party (BJP) government has been making tall claims about its  Ayushman Bharat scheme, crucial indicators such as Infant Mortality Ratio (IMR) are showing a deep disparity. The decline in the government’s expenditure on public...

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Non-NDA states flay change 15th Finance panel's terms of reference -Ronak Chhabra

-Newsclick.in The Modi Government’s sudden modification of the terms of reference via a presidential order on July 29 is an attempt to squeeze the revenue share of states, say Opposition leaders. New Delhi: The Narendra Modi government’s decision to change the terms of reference of the 15th Finance Commission through a Presidential Order is aimed at further squeezing the revenue share of states, without even consulting them, various finance ministers of non-BJP...

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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)

-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...

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What data says about first 100 days of Modi 2.0 -Sneha Alexander & Vishnu Padmanabhan

-Livemint.com Contrary to?perceptions that auto slowdown is driven by changing millennial preferences, data shows that millennials, in fact, do want to purchase?cars Through a dedicated booklet (100 Days of Bold Initiatives and Decisive Actions) and press conferences across the country, the Bharatiya Janata Party (BJP) has launched a publicity blitz celebrating its achievements in the first 100 days of its return to power. But are the BJP’s claims and promises grounded in...

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