Archives

Taxing the Rich Farmers – Current status of Farm Taxes, pros and cons

Recently, economist Bibek Debroy, a member of the NITI Aayog, recommended that the agricultural income above a certain threshold should be taxed. This brought back the question of the status of taxation on agriculture. Almost 20% of GDP of the country comes from the agricultural sector but still its share in the revenue generated in […]

Q+A: NITI Aayog

On 1st January, 2015, the NITI Aayog( National Institution for Transforming India) was created to replace the Planning Commission. Its creation was necessitated by the requirement for a separate Think Tank for the government both in the directional and policy matters. The NITI Aayog was envisaged to provide the Central as well as the State […]

Functions of NITI Aayog: Overview

All the functions of NITI Aayog can be suitably divided into four categories as follows: To act as a resource centre & knowledge hub To design policy & programme framework To foster cooperative federalism Monitoring and Evaluation An overview and evaluation of these functions is as follows: {Information is updated in December, 2017} To act […]

Planning Commission: Working Style and Abolition

From its establishment in 1950 till it was abolished recently, the Planning Commission stayed and stood tall amid all policy making institutions of the country for 65 years. On 15 August 2014, India’s Prime Minister Narendra Modi declared to replace the Planning Commission by a new body. On January 1, 2015, the government by a […]

Poverty Line in India

India is home to over one-third of poor people in the world. If we add the poor of Pakistan and Bangladesh into it, we find that almost half of world poverty exists just these three nations. The next big concentration of poverty is in the sub-Saharan Africa. However, estimation of poverty has been a contentious […]

Niti Aayog: less government, more governance?

Government of India has finally gone ahead with its approach of less government, more governance.  The new body is slated to give strategic and technical advice. It will be headed by the PM assisted by a Governing Council of Chief Ministers and Lt. Governors. It is set on the same principles as National Development Council. […]