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Environment Impact Assessment Notification 2020: Pro-Industry, Anti-People?

Jul 23, 2020

Environment Impact Assessment Notification 2020: Pro-Industry, Anti-People?

Here is a page for all you wanted to know about the Environment Impact Assessment (EIA) and the central government’s draft notification that has so many up in arms. You have till the 11th of August to understand. And, if you want to, express your views. You can listen to this story here: What is the EIA? Environment Impact Assessment (EIA) can be defined, simply, as the study made to predict the effect of a proposed activity or project on the environment. Often used as a deci

Indian States Are Going Under. What Does This Mean For Us?

Jul 14, 2020

Indian States Are Going Under. What Does This Mean For Us?

M. Govinda Rao and Arjun Srinivas each examine the precarious financial situation of Indian states and the implications of this. Here are key takeaways from two pieces, by M. Govinda Rao and Arjun Srinivas, that tell you what Indian states are going through financially and what this means for us as a country and people. - The Covid 19 Pandemic and resulting lockdown in April led to a large and sudden shortage of revenue inflow for State Governments. Economic slowdown prior to

The Economy is Broken. Montek Singh Ahluwalia Tells You How to Fix It.

Jul 9, 2020

The Economy is Broken. Montek Singh Ahluwalia Tells You How to Fix It.

How did we get here? How do we get out of here? Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission, answers this. IPC breaks down his insights and recommendations for you. Backstage: The Story Behind India’s High Growth Years, an autobiography by Montek Singh Ahluwalia examines the great transformative changes the Indian economy has experienced. It does so through the eyes of one of the most significant architects of the Indian economy. Mr. Ahluwalia ha

GST at Three: Hits, Misses, Reform

Jul 1, 2020

GST at Three: Hits, Misses, Reform

Today marks three years since the Goods and Services Tax was implemented in India. Sumit Dutt Majumder, former chairman, CBEC (Central Board of Excise and Customs, now Central Board of Indirect Taxes and Customs) and author of three books on GST tracks the journey of this tax so far, and lists suggestions for the road ahead. Since its implementation on July 1, 2017, the Goods and Services Tax has travelled a rocky road. Sumit Dutt Majumder, former chairman, CBEC and author of

Questions for the 15th Finance Commission to Answer

Jun 16, 2020

Questions for the 15th Finance Commission to Answer

The 15th Finance Commission is expected to submit its five year report. Read on to know how and why this is important, especially for centre-state relations and a list of questions the commission will have to confront. The bulk of the responsibility to fight the virus is upon the states. This battle has exponentially increased their expenditure burden. Meanwhile, revenues have been hit by the various phases of lockdown. Against this backdrop, the 15th Finance Commission is ex

Raising Revenue in the Time of Coronavirus

Apr 27, 2020

Raising Revenue in the Time of Coronavirus

A report prepared by over 50 IRS officers provides recommendations for raising government revenues to respond to the COVID-19 crisis. Indian Policy Collective also has for you a response to these recommendations by BM Singh, former Chairperson of Central Board of Direct Taxes. One thing both the Indian centre and states need - and are falling short of - when it comes to fighting COVID-19, and the subsequent humanitarian emergency and economic downturn, is revenue. FORCE (Fisc