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Universal Basic Income: The big idea takes tiny steps

Sarath Davala has a strong opinion about public welfare. “The public welfare regime in India,” he says, “is an exercise in futility.” Some $20 billion (or about Rs 1.3 trillion) goes into the PDS for providing grain to the

Prevent emergence of tax terrorism: Experts

Pahle India Foundation (PIF) has suggested that finance minister Arun Jaitley should take cognizance of some of the possible negative effects of demonetization and take steps to minimize its negative impacts and enhance the adoption of digital cur

GST a bold new experiment in governance: Economic Survey

The Goods and Services Tax (GST) will create a common Indian market, improve tax compliance and governance, and boost investment and growth; it is also a bold new experiment in the governance of India’s cooperative federalism, said the

Labour migration in India increasing

New estimates of labour migration in India have revealed that inter-state labour mobility is significantly higher than previous estimates, said the Economic Survey 2016

Chhattisgarh: Activists become victims of vigilantes

Human-rights defenders, lawyers and academicians trying to bring justice to the victims of violence in Chhattisgarh – a state hit by insurgency and counter-insurgency – are facing intimidation and harassment. They are the targets of

Post DeMo, GDP growth in 2017-18 projected at 6.75 to 7.5 percent

Finance minister Arun Jaitley on Tuesday said that post demonetisation, once the cash supply is replenished, which is likely to

Universal Basic Income an alternative to state subsidies: Economic Survey

The Universal Basic Income as an alternative to the various social welfare schemes to reduce poverty was advocated in the Economic Survey 2016-17 tabled in parlia

US use of anti-dumping measures at WTO impacts India

 India is one of the countries most affected by the US’ use of anti-dumping (AD) measures at the World Trade Organisation (WTO), a recent review of US’ trade policy reveals.  The US remains an “active user&rdq

Debunking ersatz tax theories

Demonetisation has had some intended and many strange and unintended consequences. It appears that the zeal to reform the economy post-demonetisation has permeated to the general public, which has led to a mushroom growth of tax experts. Currently

How basic should basic income be?

Before one takes a call on whether or not India should go down the universal basic income (UBI) route, some myths about the UBI need to be addressed. A universal basic income is an unconditional, regular, payment by the government to every individ

Free money? Seriously?

From Mahatma Gandhi’s Sabarmati Ashram to corporate talkshop Davos, it’s creating a buzz everywhere. If nothing is stronger than an idea whose time has come, then people in more and more countries are likely to start getting free pay c

India Post launches payments bank

India Post has launched pilot operations of its payments bank – India Post Payments Bank (IPPB) – in Raipur, Chhattisgarh and Ranchi, Jharkhand on Monday. There are over 1,54,882 post offices across India, of which 1,39,

India’s richest civic body heads to polls

Elections to the Brihan Mumbai Municipal Corporation (BMC), which is the country’s richest civic body, will be held in February and political observers are expecting a split verdict. The reason: A split between the Shiv Sena and the Bharatiy

Universal basic income transfers for poor may be introduced: HDFC

Universal basic income transfers for the poor are likely to be introduced only on a pilot basis but low-cost housing could get a bigger boost, said HDFC bank in its budget expectations.   The budget will be presented

Punjab polls: 100 candidates have criminal cases

Out of the 1,145 candidates who are in the fray in Punjab assembly election, 100 candidates (9%) have declared criminal cases against them, showed an analysis carried out by Punjab Election Watch and Association for Democratic Reforms (ADR).

Most houses under Indira Awaas Yojana incomplete

The rural development department has been given a target to complete 33 lakh houses in 2016-17, which include houses that were taken up under the Indira AwaasYojana (IAY) and were incomplete on April 1, 2016, s

Dice loaded against you in Mizoram lotteries

The tickets of online lotteries were sold till the last moment before the draw. No sales report was generated before the draw, said the CAG in a report on the Mizoram state lotteries. The Comptroller and Auditor General (CAG) report

Trains to tragedy

At a time when we are thrilled at the thought of the arrival of hyperloop transportation technology enabling high-speed travel inside a partially vacuum tube and introduction of the bullet trains, our conventional trains and the passenger safety a

Here is what should be on your weekend bucket list

The NHRC, however, has steadily become more busy. From 496 complaints it received in 1993-94, in 2015-16, the commission registered more than one lakh cases of civil, political, economic, social and cultural rights. The moot question is whether th

NCW issues notice to JD (U)’s Sharad Yadav

The National Commission of Women (NCW) has issued notice to the Janata Dal (United) leader Sharad Yadav for his explicit remark on women. While addressing a public gathering in Patna on January 24, Yadav reportedly said, “Hon

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