-Newsclick.in The CWMI report, released by NITI Aayog, also pointed out that the larger economic contributors across the country have low water management scores, and this can hamper India’s economic progress. According to the Composite Water Management Index (CWMI) 2019 released by the Niti Aayog on Friday, August 23, even though the states across the country are making progress in water management, the overall performance still remains well below what is required...
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Economic slump: Modi govt re-arranging furniture when house is on fire -Subodh Varma
-Newsclick.in Measures announced by the finance minister are mere concessions to industry lobbies and stock market, and don’t address lack of demand. The raft of measures announced by India’s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don’t even address the key problems of lack of purchasing power with the people and raging unemployment. It’s rearranging the furniture when the house is...
More »Corporate tax reduction: They already pay much less than required effective -Subodh Varma
-Newsclick.in Effective tax rate for Big Business in India was 26.3% although statutory rate is 34.6%, according to Budget documents. There is a proposal that corporate taxes should be reduced to 25% from 30%. According to reports, this has been mooted in a report submitted to the finance minister by a panel headed by Akhilesh Ranjan, member of the Central Board of Direct Taxes (CBDT). However, data on corporate taxes put out...
More »Land Reform and Development in J&K -Shinzani Jain
-Newsclick.in Economist Jean Dreze attributes the better performance of the state in human development indicators to the extensive land reforms that were carried out by the National Conference government in the 1950s and contends that Article 370 made these reforms possible. The Government of India recently abrogated the special status enjoyed by the erstwhile state of Jammu and Kashmir under Article 370 of the Indian Constitution. One of the main raison...
More »Census Data Contradicts Bogey of Bangladeshi Immigrants' 'Flood' - Subodh Varma
-Newsclick.in But the relevant data has been removed from the Census website within a month of release. It took over eight years for the Census office to release migration-related data collected back in 2011. And, within a month of its release, one particular dataset has been removed. That’s Table D-2 which gives the numbers for foreign immigrants. The official Census website now says, in a cryptic footnote, that data on this aspect...
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