CURRENT AFFAIRS

Recently, Oxfam International presented its annual global “Inequality Report” with title Inequality Kills. The report calculated and presented the quantum growth in wealth of a minuscule few, and the simultaneous impoverishment of millions of working people.

The Government has made several efforts to formalise the economy as the formal sector is more productive than the informal sector, and formal workers have access to social security benefits. Efforts based on the “fiscal perspective” of formalisation like currency demonetisation, introduction of the Goods and Services Tax (GST)..

The challenge to feed the 10 billion population by mid-century demands efficient ways of production that are both economically viable and ecologically sustainable.

The Budget allocation by the Central and State governments to education is always a matter of public concern and debate but after the pandemic it became more of concern as the country is facing an education emergency.

The Centre has proposed amendments to the IAS (Cadre) Rules in order to exercise greater control in central deputation of IAS officials, which has often been at the centre of tussles between the Centre and the states.

Implementation of the Goods and Services Tax (GST) in India was a grand experiment in cooperative federalism in which both the Union and the States joined hands to rationalise cascading domestic trade taxes and evolve a value-added tax on goods and services.

An estimate suggests that as many as 10 crore Indians may already have investments exceeding a total of $10 million in them which not only creates an avenue for generation of tax revenue for the nation but also puts forth a Herculean challenge..

Recently, the University of Maryland School of Medicine announced that it had successfully transplanted a genetically-modified pig heart into a patient with life-threatening arrhythmia.

External Affairs Minister S. Jaishankar on Saturday held talks with Sri Lanka’s Finance Minister Basil Rajapaksa virtually  with an assurance that India will support Sri Lanka “in all possible ways for overcoming the economic and other challenges posed by COVID-19 pandemic.

The attendance of the Chief Election Commissioner (CEC) and his Election Commissioner (EC) colleagues at an “informal” meeting with the Principal Secretary to the Prime Minister has brought renewed...