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Union budget fails to address 'urgent' spending needs in social sector: Oxfam Even as calling Finance Minister Nirmala Sitharaman’s budget “historic”, top international NGO Oxfam, pointing towards “some gaps” in it, “especially while addressing inequalities on the lines of caste, class, gender and occupation”, has regretted that the budget “does not address the urgent spending needs in the social sector, especially in health and education.” In a statement, Oxfam India quotes CEO stating that “the Union Budget 2021 has failed to address inequality...

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The Peshwa’s Tax Holiday: How the Mughals and Marathas dealt with distress migration -Mario da Penha

-The Hindu Diverse regimes in Early Modern India often saw the distress migration of rural inhabitants when, much like today, displacement became the forced choice between hope and hunger The scale of the migrant labourer exodus from the precariousness of cities to the security of their home villages has few parallels in Indian history. Economist Chinmay Tumbe estimates that by the end of May, no fewer than 30 million Indians had moved...

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No shortcuts to income guarantee -Harsh Mander

-The Indian Express Rahul Gandhi’s proposed scheme will do more harm than good if it comes at the cost of existing subsidies for the poor. Congress president Rahul Gandhi signaled the earnestness of his party’s resolve to end poverty and hunger by announcing an untried policy instrument — a Minimum Income Guarantee for the poor. “Millions of our brothers and sisters” could not be allowed to “suffer the scourge of poverty”...

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Farmer producer organisations need their very own Amul -Jitendra

-Down to Earth Instead of encouraging them on paper, the government has to create a few model FPOs in the country and provide institutional support to them The Narendra Modi-led government has been tirelessly claiming that it would double farmers’ income by 2022. There is a lot of evidence to show that in the pursuance of this target, the income of farmers has not increased, but has rather stalled or decreased. Consequently,...

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To Harvest Enterprise -Lola Nayar

-Outlook A Tax Holiday is expected to push more farmers to turn entrepreneurial The Budget’s announcement of a five-year Tax Holiday for Farmer Producer Organisations (FPOs) with a turnover of up to Rs 100 crore came as a relief to the thousands of farmers who are members of around 4,000 such companies in the country.  In December 2017, a sizeable number of farmers gathered at a national conference org­anised in Pune were...

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