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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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Kerala tribal youth’s dream journey: From daily wager to software engineer in Europe

-The New Indian Express When he was in Class IV, Binesh Balan had done manual jobs in his native Kolichal in Kasaragod to escape grinding poverty. KOZHIKODE: When he was in Class IV, Binesh Balan had done manual jobs in his native Kolichal in Kasaragod to escape grinding poverty.  Two decades on, the boy, now 29, belonging to the Mavilan tribal community, succeeded in developing an open banking software as a researcher...

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Ploughing a lonely furrow -Devinder Sharma

-DNA India is expected to bear the brunt of $160 billion trade-distorting farm subsidies provided by developed nations like the US At a time when angry farmer protests seeking an increase in the Minimum Support Price (MSP) for all crops is on an upswing, India faces an uphill task to protect its food procurement operations at the forthcoming Buenos Aires Ministerial of the World Trade Organisation (WTO) from December 10-13. At...

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India, China jointly propose removal of US, EU farm subsidies -D Ravi Kanth

-Livemint.com India and China joint proposal on elimination of $160 billion of trade-distorting farm subsidies in the US and EU has come as a game changer in global farm trade negotiations at the WTO Geneva: China and India have jointly proposed the elimination of $160 billion of trade-distorting farm subsidies in the US, European Union and other wealthy nations, a move that has come as a game changer in global farm trade...

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Rich nations have cornered 90% of farm subsidy entitlements: India-China study -Amiti Sen

-The Hindu Business Line Entitlements of developed countries need to be eliminated before other reforms, study suggests New Delhi: Seeking to expose the double-standards of developed countries at the World Trade Organization (WTO), a joint paper by India and China has revealed that rich nations, including the US, the EU and Canada, have been consistently giving trade-distorting subsidies to their farmers at levels much higher than the ceiling applied on developing countries....

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