Following the pandemic, the income of the bottom 50 per cent of the population is estimated at 13 percent of national income and 3 percent of total wealth Apoorva Mahendru, Kanishk Gomes, Mayurakshi Dutta, Noopur, Pravas Ranjan Mishra Oxfam International's annual inequality report makes for stark reading. The India supplement, part of the main report, states that the top 1 percent of Indians own nearly 40.6 percent of the total wealth in...

-Hindustan Times Rahul Gandhi promised to provide land rights to the tribal farmers of Telangana once the Congress comes to power in the state in the next year’s assembly elections. Hyderabad: Congress leader Rahul Gandhi on Friday assured that the party, once voted to power at the Centre, would do away with Goods and Services Tax (GST) on handlooms to provide succour to the weavers. He also promised to provide land rights to...

-The Hindu The increasing cost of production and the increase in GST on cartons has triggered protests in Himachal Pradesh Apple growers in Himachal Pradesh are out on the streets some three decades after their last big agitation. The protests are not surprising; their anger has been simmering for a while. To understand the present crisis, it is crucial to understand the developments of the last few decades. In the 1970s and 1980s,...

-ThePrint.in In 'The Working of the Indian Constitution', T.M. Thomas Isaac examines the functioning of GST to assess if its high expectations have been realised. The Goods and Service Tax (GST) Council has been hailed as a model federal institution, where both states and the centre are represented, and consensus is arrived through a detailed deliberative process. Until the 38th GST Council meeting in December 2019, there had not been a single...

-Macroscan.org At the end of the five-year period in which states were being compensated for shortfalls in GST revenues relative to targets, they are on the verge of a fiscal crisis. That could spell the end of the GST regime. Please click here to read more.  ...