Neither Modi nor Shah had held legislative or executive power in Delhi before 2014. They have no training in appealing to the diversity of India as represented in Parliament. Their prism is the provincial politics of Gujarat. An exclusive excerpt from Vinay Sitapati's fascinating new book, Jugalbandi: The BJP Before Modi.
US proposal to raise the global corporate tax rate to 28% from 21% might face resistance from countries unwilling to give up their edge and compete with America on its terms.
On reforms in pipeline, she said the government is for universal right to minimum wages and wants to remove regional disparity through a national floor wage.
Releasing its annual Global Risks 2014 report, Geneva-based WEF said that the income disparity was the most likely risk to cause an impact on a global scale in the next decade, while other significant risks include extreme weather events, unemployment and fiscal crises.
'Just see what kind of political, social and economic impact it will have when the number of unemployed goes up four times in one year suddenly.'
Opponents of the CAA and NRC have gone to town accusing the BJP of an ulterior motive (read, disenfranchisement of Muslims) in implementing the NRC. By the same token it can be alleged that anti-CAA opponents have a nefarious agenda in mind that would be scuttled by the implementation of the NRC: Namely the accrual of dedicated vote banks and the restoration of Muslim hegemony over at least parts of India, especially Bengal and Assam, argues Vivek Gumaste.
Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals.
Dr Mitra called the Pandara Road crowd a 'cheerful collective of young dreamers,' united in its 'love and pride for the newly Independent India,' despite 'sharp disparities in background, temperament and attitude.' Dr Shreekant Sambrani recalls his encounters with the legendary economist who passed into the ages.
Highlighting a steep disparity in the pay hikes of executives and the labour force during the economic boom, Raymond Torres, director at the ILO's International Institute of Labour Studies in Geneva, pointed out that worldwide the average hike in executive pay was 10 per cent as compared to a mere 0.7 per cent for workers.
The much-touted special economic zones policy runs the risk of being reversed, in terms of attractive tax exemptions it offers, with the government's finances coming under stress, a study has said.
Let's make some effort to make it come true and close the gender gap once and for all.
The survey, conducted by non-profit organisation Catalyst in 2013, covers 5,977 companies in 44 countries and draws on work done by GMR Ratings.
He said the aim has been to create firewalls to deal with the cyber attacks and that the issue is being addressed in a "serious way".
In a virtual roundtable with healthcare workers on COVID-19, Biden alleged on Wednesday that his transition team has not been receiving any cooperation from the Trump administration.
I tried to reason in my mind that wouldn't beating Pakistan again and again -- in the league matches and in the knockouts if they made it -- be a better tribute to our martyred soldiers? A revealing excerpt from Vinod Rai's Not Just A Nightwatchman: My Innings In The BCCI.
Pelosi, 80, secured 216 votes in a tight contest against Republican Kevin McCarthy, who got support from 209 Congressmen, after Democrats lost 11 seats in the November elections to command a narrower 222-212 majority.
'China need not worry about a truly 'resurgent India'.' 'It's not going to happen.'
Delivering the first S B Rangnekar Memorial lecture at the Panjab University, his alma mater, in Chandigarh, Dr Singh also said a "dangerous and false binary" of choosing between freedom and development was surfacing in the country's political discourse and that it must be rejected.
'The Chinese have taken to telling their Indian interlocutors to bear in mind the 5:1 disparity in the sizes of the two economies.' 'The message from Beijing, says T N Ninan, is clear: Acknowledge superior Chinese power, and behave accordingly.'
Make in India crucial for growth.
The Biden administration has announced that it is delaying the H-1B policy of the previous Trump administration on allocation of the popular foreign work visas by continuing with the lottery system until December 31, 2021, to give the immigration agency more time to develop, test and implement the modifications to the registration system. On January 7, the US Citizenship and Immigration Services (USCIS) announced to do away with the traditional lottery system in deciding the successful applicants for the H-1B visas. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise.
The highest water-use efficiency of more than $ 50 per cubic metre is in Oceania, Australia, New Zealand, Singapore, Israel, Denmark, Finland, and Great Britain while the lowest is in Central and South Asia, including India, at less than $ 10 per cubic metre.
Democracies avoid serious political turbulence only so long as they ensure that the relative level of inequality between the rich and the poor does not become excessively large, says Vice President M Hamid Ansari.
Israel's parliament is set to vote on Sunday on a new government led by Yamina head Naftali Bennett, ousting Prime Minister Benjamin Netanyahu from power after an uninterrupted 12 years at the helm of affairs.
Workers moving out of agriculture to the rural labour force were largely getting absorbed in construction activities
Current forms of economic growth are widening disparities, leaving hundreds of millions of people to live in poverty, says Rajni Bakshi.
Ennu Ninte Moideen is a worthwhile effort.
'A dangerous and false binary is now surfacing in Indian political discourse, which must be firmly rejected.' 'It is that we have to choose between freedom and development.' 'For us freedom is neither merely an instrument for development nor to be subordinated to development.' 'It is, as our founding fathers proclaimed early in our freedom struggle, 'our birthright' on which we shall never compromise.' 'Growth, wealth and development are fruits of democracy, not substitutes.' Dr Manmohan Singh's thoughts on democracy: A Must Read!
All that India must aim for is to match China's military prowess adjusted to equal Beijing's India-specific military capability, argues Vivek Gumaste.
A blood-soaked Nandigram made Mamata Banerjee what she is today and underpins the hopes of the combustible West Bengal leader of clinching a third straight term in office.
It is time he stood up and assured the middle class that they can count on him as one of their own, says Dr Sudhir Bisht.
Fencing the border between Myanmar and Nagaland is expected to adversely affect the Naga tribals. Gautam Sen, an expert on Nagaland, explains why the Indian government needs a more comprehensive and long-term perspective on this issue and why it must take local tribal sensitivities and customs into account.
Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.
'It is folly to think that religious-identity-based politics and a flourishing economy can co-exist in a diverse society.' 'We can fight and kill each other, or fight together and kill poverty. We cannot do both,' says Dasarathi G V.
Income inequality could lead to slower economic growth: IMF
The new national income numbers produced by the Central Statistics Office (CSO) have elicited two kinds of reaction.
'There is no tried and true recipe for creating Silicon Valleys.' 'Attracting and creating a mass of truly dynamic entrepreneurs is at the core and among the hardest and most necessary ingredients.' 'In the US, close to 60% of the top valued tech companies were started by immigrants who found the start-up climate to be superior to where they came from.' 'India would clearly benefit from attracting back its talented Diaspora, but it also needs to hold onto those entrepreneurs.'
