Prabhat Patnaik Thomas Piketty and Lucas Chancel have just written a paper as part of their work for the World Inequality Report discussing the movement of income inequality in India. And their conclusion is that the extent of income inequality in India at present is greater than it...
Jomo Kwame Sundara Since the 1950s, there has been a popular dance called the ‘limbo rock’, with the winner leaning back as much as possible to get under the bar. Many of today’s financial centres are involved in a similar game to attract customers by offering...
🌌कर के स्वर्ग या 'टैक्स हेवन' (tax haven) उन देशों को कहते हैं जहाँ अन्य देशों की अपेक्षा बहुत कम कर लगता है, या बिलकुल कर नहीं लगता। ऐसे देशों में कर के अलावा भी बहुत सी गतिविधियाँ चलतीं हैं। ऐसे देश टैक्स में किसी...
 NABARD ( National Bank for Agriculture and Rural Development ) Established: NABARD was established on 12th July 1982 on the recommendation of CRAFICARD committee which is also known as the Sivaraman Comittee. Headquarter: Mumbai, Maharashtra. Chairman: Harsh Kumar Bhanwala. Biggest Rural Development Bank Established on 12 July 1982 on recommendation of Shivaraman committee to implement...
Recently the government has decided to recapitalise the banks in the biggest such exercise ever, to the tune of about rupees one lakh fifty thousand crore. Predictably, there has been a lot of criticism and on various grounds. However, in the humble opinion of this...
Gender Budgeting in India First Published: November 23, 2015 | Last Updated:August 29, 2017 A gender budget is not a separate budget for women. Instead, the gender budgets are an attempt to assess government priorities as they are reflected through the budget and examine how they impact women and...
• नोटबंदी का एकसाल पूरा होने से ठीक पहले केंद्रीय वित्त मंत्री अरुण जेटली ने कहा है कि नकदी में लेनदेन की लागत अधिक है और यह एक महंगा सौदा है। यही वजह है कि लोगों का रुझान अब डिजिटल अर्थव्यवस्था की ओर बढ़ रहा...
Jomo Kwame Sundaram October 25, 2017 Various different, and sometimes contradictory lessons have been drawn from the 1997-1998 East Asian crises. Rapid or V-shaped recoveries and renewed growth in most developing countries in the new century also served to postpone the urgency of far-reaching reforms. The...
Jayati Ghosh October 26, 2017 The Modi government made its supposed determination to end corruption in India its signature theme. The massive damage done by demonetisation as well as the continuing chaos produced by the flawed introduction of the Goods and Services Tax have all been...
Jomo Kwame Sundaram and Anis Chowdhury October 19, 2017 As the United Nations’ Second Decade for the Eradication of Poverty (2008-2017) comes to an end, more self-congratulation is likely. Claims of victory in the war against poverty will be backed by recently released poverty estimates from...