The latest Indus Valley report in fact shows that India’s consuming class is today just a thin layer of 10% and this section is only deepening, not widening. While people from the bottom 90%...
Peoples Commission on Public Sector and Public Services has issued a statement on tax structure which the Finance Minister should look into. All over the world there are changes proposed in the tax system...
Since the pandemic, the gap between rich and poor Indians has never been more evident. But inequality was never a public concern – until now. For much of the first half of the year,...
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...
Press Release | May 19, 2020 New Delhi: “Thinking about an Ameere Rehka (wealth line) and not a Gareebi Rekha (poverty line) is the need of the hour”, noted social activist Medha Patkar said. She was speaking at...
My intent in this article is to flag off a set of relevant issues one will have to deal with while mainstreaming India’s poor in Banking. The article has five sections: (a) Providing a...
