Not Just Popcorn: Bizarre GST Rates Are Eating Into Middle Class’ Savings
As the curtains fell on 2024, FM Nirmala Sitharaman reminded Indians that after the feast comes the reckoning.
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Modi’s Scheme to Double Farmers’ Income Goes on Overdrive During Elections, Stalls Otherwise
PM AASHA, a crop price support scheme, saw real spending only in the months around 2019 and 2024 Lok Sabha elections. Three years in between the two general elections, the government did not spend a single rupee on the scheme.
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Exploitation | India | Indian Economy | Inflation | Online Blog | Poverty | Privatization | Unemployment
Welfare Spending in the Past Two Decades: Has the NDA Era Been Different?
The last two decades have seen little increase in welfare spending. But the NDA government has created an image of being focused on welfare by renaming schemes, appropriating older ones, and starving some UPA schemes of funds.
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Economy | India | Inflation | Online Blog | Poverty
The Pervasiveness of Poverty in India; Over 74% Indians Unable to Afford Healthy Diet
One of the striking findings of the Bihar Caste Survey is that absolute poverty in the country is far more pervasive than what successive governments in India have been claiming. Also: ‘’Over 74% Indians Unable to Afford Healthy Diet’: UN Report’.
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The Hollowness of the Modi Government’s Tall Claims and Self-Praise on Economy
The BJP and Prime Minister Modi use official data to buttress their tall claims on growth, inflation and other issues. The ground reality is at variance from the rosy depiction by the government.
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Amidst a Govt-Enforced Data Vacuum, Stagnating Wages & Rising Costs Increase Economic Distress in Rural India
For nearly a decade, the government of Prime Minister Narendra Modi has withheld or criticised available data on poverty. From the interiors of India’s richest state, Maharashtra, a report on how daily wages are stagnant, as inflation and rising costs push more Indians into poverty.
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In the Chokehold of a Wood-Fired Stove
With little access to clean cooking fuel, many women in Nagpur’s Chikhali slum are now prone to respiratory diseases, breathing difficulties and damaged lungs.
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Former RBI Dy Governor Says Pricing Power of ‘Big 5’ Driving Core Inflation
Industrial concentration by these top private players has allowed them to charge much higher product prices than their competitors, the former deputy RBI governor said.
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The Grain Giants Have Made a Bonanza from Hunger; Time to Take Them Apart
Four companies dominate the global grain trade and at least 70% of the market. They are reporting record profits. As food prices skyrocket and hunger rises, and with the prospect of still more supply shortages, such profiteering is clearly unjust and a sign of abject market failure.
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Why Inequality Is Growing in the US and Around the World
Globally, the richest 10% of people now possess nearly 76% of the world’s wealth. Meanwhile, the bottom 50% own just 2%, according to the 2022 World Inequality Report, which analyses data and the work of more than 100 researchers and inequality experts.
