-The Hindu Announcing new income tax proposals in the Union Budget 2020, Finance Minister Nirmala Sitharaman said that the new tax rates will be optional. In a proposal to simplify the personal income tax regime, Finance Minister Nirmala Sitharaman, in the Union Budget 2020 speech, said that income tax rates will be “significantly reduced” for those who forgo reliefs and exemptions. The new tax rates will be optional, she said. Please click here...
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Agriculture as solution -Harish Damodaran
-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The...
More »Economic Survey 2020 projects GDP growth at 6 - 6.5% in FY21
-The Indian Express The Economic Survey 2020, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday. The Economic Survey 2020 projected an economic growth of 6 to 6.5 per cent in the fiscal year starting April 1. The survey, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday. The survey put current fiscal...
More »For the rural poor, a manufactured crisis -Rajendran Narayanan
-The Hindu Instead of focusing on increasing rural wages, the BJP-led government is wasting resources on the NPR and NRC The National Population Register (NPR) and a possible National Register of Citizens (NRC), which will unleash a humanitarian crisis, are being pushed at a time when rural distress is acute. With the Budget due soon, let’s look at how the BJP-led government has served the interests of the rural poor. A grim picture The...
More »NRC-NPR panic: Google halts Net education outreach in Bengal -Ravik Bhattacharya & Atri Mitra
-The Indian Express The programme aims to empower women in rural India by teaching them how to use Internet in their daily lives. Google claims it has benefited over 30 million women across 20 states so far. Birbhum: THE NPR-NRC panic has had its first casualty on the ground in West Bengal with Google stopping its Internet Saathi programme in the state. This followed a series of incidents since January 10 with...
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