- Deepanshu Mohan, Soumya Marri, Bilquis Calcuttawala, Malhaar Kasodekar, Aniruddh Bhaskaran and Hemang Sharma A pre-budget deep dive by the Centre for New Economic Studies (CNES) Infosphere team has come up with some interesting takeaways. The analysis has looked at past macroeconomic and budget trends to set the tone for Budget 2023-24. They do this by looking at capital and revenue expenditure, sectoral analysis of budget expenditure and a scheme-wise allocation...

-The Telegraph Corporate tax contributes 8 percentage points less to the gross tax revenue now than it did in 2014 when the Modi government took over, says P Chidambaram New Delhi: The Opposition on Monday sought answers to fundamental questions on the economy that finance minister Nirmala Sitharaman has strenuously asserted is the fastest growing in the world. Corporate tax, paid by business houses, contributes 8 percentage points less to the gross tax...

-Hindustan Times Successive governments have “completely destroyed” the independence of the Election Commission of India (ECI) by ensuring no chief election commissioner (CEC) gets the full six-year term to head the poll body since 1996, a Constitution bench in the Supreme Court lamented on Tuesday, adding that absence of a law for appointment of election commissioners (ECs) has resulted in an “alarming trend”. The five-judge bench further remarked that the silence of...

-The Hindu How is this initiative different from the MGNREGA for villagers? What are some of the similar schemes being implemented in other States? The story so far: The Indira Gandhi Urban Employment Guarantee Scheme has rolled out in Rajasthan with the objective of providing economic support to the poor and needy families living in the cities through work to be provided on demand for 100 days in a year. The Congress...

-Hindustan Times Rajasthan chief minister Ashok Gehlot on Friday launched the ‘Indira Gandhi Urban Employment Scheme’ to provide 100 days of employment in a year to families residing in urban areas. Launching the programme at a state-level event in Ambedkar Bhawan, Gehlot termed it a “historic initiative”. He added that the new scheme was mirrored along the lines of MGNREGA, which was started during the UPA Government’s tenure for employment in rural areas...