छोटे किसानों की अनदेखी: भारतीय कृषि का अनसुलझा संकट
कृषि अर्थव्यवस्था के जानकार मानते हैं कि खेती को बरकरार रखने,विकसित करने और सबका पेट भरने की अधिकांश जिम्मेदारी छोटे और सीमांत किसान ही निभाते हैं। जहां 70% ग्रामीण परिवार अभी भी अपनी आय...
Budget 2024-25: Income Tax Contributes More to Govt Revenue Than Corporations
The skewed trend of individual income tax payers contributing more to the union government’s coffers than corporates has its basis in the tax break given to corporates five years ago. The Budget at a...
The Economic Survey Only Increases Concerns of Inequality
As the country gears up for the presentation of the Budget for the financial year (FY) 2024-25, the economic survey for 2023-24, tabled by Union finance minister Nirmala Sitharaman is key to understanding what...
When less than 4% of Indian dollar millionaires pay income tax
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
No escape from the lower-middle income trap, at least not yet
A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how India’s...
Why are two Indias growing further apart?
In more recent times, it is strong rise in financial assets, aided by fiscal and monetary support to businesses in response to the pandemic crisis, which has led to a sharper rise in inequality
India’s demographic curse in waiting
Human capital development is critical for the growth and development of any economy, but that is where India remains a global outlier, in spite of having entered the “Amrit Kaal” and becoming the fifth-largest...