PM Modi says 13.5 crore Indians rose above poverty line in last 5 years
1 year, 4 months ago

PM Modi says 13.5 crore Indians rose above poverty line in last 5 years

Live Mint  

New Delhi: A staggering 13.50 crore Indians have risen above the poverty line in the past five years, Prime Minister Narendra Modi said on Monday quoting a recent NITI Aayog report. Speaking at the Madhya Pradesh Rozgar Mela, the prime minister said, “When decisions are made with positive thinking, right intention, and full integrity, the whole environment gets filled with positivity, as he highlighted two positive news that has come in the first year of Amrit kaal namely decreasing poverty and increasing prosperity in the country." Besides the NITI Aayog report, he highlighted the number of income tax returns filed this year which indicated a huge increase in the average income of the people in the last nine years. Referring to the new figures of income tax returns, the prime minister noted the continuously increasing trust of the citizens of the country in their government.

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History of this topic

Only 6.68 pc of population filed income tax return in 2023-24 fiscal | DEATILS
6 days, 7 hours ago

Only 6.68 pc of population filed income tax return in 2023-24 fiscal | DEATILS

India TV News  

Income tax returns: The country's population may be the largest in the world, but Indians are still lagging behind in filing income tax returns. The latest data shows that only 6.68 per cent of India's population filed income tax returns for the financial year 2023-24, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya …

Relief to middle class? Inflation offsets hike in tax exemption limit
1 month ago

Relief to middle class? Inflation offsets hike in tax exemption limit

New Indian Express  

NEW DELHI: The government recently claimed that Income tax burden on the common man has come down in the last 10 years, thanks to the Narendra Modi-led government’s various measures. It claimed that taxpayers in the Rs 2.5-7 lakh tax bracket who paid on an average Rs 25,000 in FY14 are now paying zero tax. Fast forward to FY 2024-25, …

State of income tax in India: Rich pay more, middle class less
1 month, 1 week ago

State of income tax in India: Rich pay more, middle class less

Firstpost  

Income tax liability on salaried individuals earning less than Rs 20 lakh a year, broadly described as middle class, has fell sharply during the 10 years of Prime Minister Narendra Modi-led government. Also, the income tax liability of those earning more than Rs 50 lakh has increased 3.2 times or 282 per cent, from Rs 2.52 lakh crore in 2014, …

Income Tax Returns data shows that 5 times more people are earning over 50 lakhs per year since PM Modi came to power, pay over 75% of taxes
1 month, 1 week ago

Income Tax Returns data shows that 5 times more people are earning over 50 lakhs per year since PM Modi came to power, pay over 75% of taxes

Op India  

Over the course of last ten years, the number of income tax filers has increased by an astounding 120%, as per media reports. The data from income tax return filings shows that the number of people with yearly incomes over Rs 50 lakh surged five-fold from 1.85 lakh in 2013–14, to over 9.39 lakh in 2023–24. Furthermore, from Rs 2.52 …

Income tax share from below ₹10 lakh group shrinks over 10 years, high earners dominate
Trending News
1 month, 1 week ago

Income tax share from below ₹10 lakh group shrinks over 10 years, high earners dominate

Live Mint  

Data from the Income Tax Department reveals a shift in India’s tax landscape over the past decade, with the share of tax collected from individuals earning less than ₹10 lakh dropping from over 10% to 6.22%. Tax collection from this group has tripled, rising from ₹2.52 lakh crore in 2014 to ₹9.62 lakh crore in 2024, data showed. “Tax liability …

India is investing more in mutual fund SIPs, and paying more tax too
1 month, 1 week ago

India is investing more in mutual fund SIPs, and paying more tax too

Firstpost  

With individual wealth creation through investments aligning with strengthened government revenues, India appears resilient in the face of global uncertainties Investments in mutual funds,a s well as tax collection in India have gone up. New records for SIPs In October 2024, investments through monthly systematic investment plans into mutual funds surpassed Rs 25,000 crore for the first time and reached …

'Double engine' of private investment, mass consumption derailed under Modi government: Congress
1 month, 1 week ago

'Double engine' of private investment, mass consumption derailed under Modi government: Congress

New Indian Express  

Congress general secretary in-charge communications Jairam Ramesh urged the government to accept what the Congress has been proposing - raising MGNREGA wages to a minimum of Rs.400 per day, guaranteeing MSP and a loan waiver for farmers, and a monthly income support scheme for women - to kickstart income growth in rural India. Last week, several CEOs from India Inc …

Income Tax Filers Exceed 2.3 Lakh, with High Majority Being Businesspersons and Professionals
2 months ago

Income Tax Filers Exceed 2.3 Lakh, with High Majority Being Businesspersons and Professionals

Hindustan Times  

Number of taxpayers with over ₹1 crore of taxable income rose significantly in the assessment year 2023-24. The number of taxpayers with more than ₹1 crore of taxable income increased by more than five times, reaching nearly 2.3 lakh. This surge in income earners is attributed to the rise in the number of salaried individuals earning over ₹1 crore, with …

India's Tax Filers Surge Fivefold, With 52% of Salaried Individuals Reporting Income Over Rs 1 Crore
2 months ago

India's Tax Filers Surge Fivefold, With 52% of Salaried Individuals Reporting Income Over Rs 1 Crore

ABP News  

India's tax filers have seen a significant surge in recent years, with the number of individuals reporting taxable incomes exceeding Rs 1 crore surging fivefold in the assessment year 2023-24. This growth has been driven by both an increase in the total number of taxpayers and an increase in the number of individuals with taxable incomes exceeding Rs 1 crore.

Income Tax Department Sees Doubled Number of Income Taxpayers in 10 Years
2 months ago

Income Tax Department Sees Doubled Number of Income Taxpayers in 10 Years

New Indian Express  

The number of income taxpayers has doubled in the past 10 years, with direct tax collection tripling during the same period. Tax buoyancy has shown a sharp improvement, indicating that the growth in tax collection was more than double the nominal GDP growth rate. This is a positive sign for the Indian economy, as it suggests that the country is …

Were eight crore new jobs created in three years?
4 months ago

Were eight crore new jobs created in three years?

The Hindu  

Employment, or the lack of it, has been a major issue of debate among economists and policy makers in India in recent years. Tailing this claim, the research team of the State Bank of India published a validating report that claimed a match between the total number of workers in the India-KLEMS database and in the NSSO’s Annual Survey of …

‘Further reforms needed for India to reach developed country status by 2047’
4 months, 3 weeks ago

‘Further reforms needed for India to reach developed country status by 2047’

The Hindu  

Member of Fourteenth Finance Commission M. Govinda Rao has said that to achieve the status of a developed country by 2047, India has to increase its per capita income from the current $2,600 to $14,205. Delivering the Dr. D.C. Pavate Foundation Memorial Lecture at Karnatak University in Dharwad on Friday, Prof. Rao said that to achieve this goal, the country …

How India's Budget and economy changed in 10 years. PM Modi explains in 10 numbers
4 months, 3 weeks ago

How India's Budget and economy changed in 10 years. PM Modi explains in 10 numbers

Firstpost  

More than 1,000 participants from the industry, government, diplomatic community and think tanks, among others, attended the conference in person while many others will connect virtually from various CII centres around the country and overseas Prime Minister Narendra Modi on Tuesday addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference.’ During his address, PM …

Income tax benefits, capital gains tax hike, cheaper phones | Key Budget takeaways
5 months ago

Income tax benefits, capital gains tax hike, cheaper phones | Key Budget takeaways

Hindustan Times  

Finance minister Nirmala Sitharaman on Tuesday proposed the much-awaited change in the income tax slabs as she tabled the first Union Budget of the new Narendra Modi government. "Under the new tax regime, tax rate structure to be revised as follows - ₹0- ₹3 lakh -Nil; ₹3-7 lakh -5%; ₹7-10 lakh-10%; ₹10-12 lakh-15%; ₹12-15 lakh- 20% and above ₹15 lakh-30%," …

India’s Modi focuses on jobs creation in first budget after winning polls
5 months ago

India’s Modi focuses on jobs creation in first budget after winning polls

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more jobs and spur economic growth, while aiming to appease coalition partners it needs to stay in power. Modi said the budget will lead India toward “better growth and a bright future.” “Today’s budget will act as a …

Budget 2024: Income tax slabs changed, standard deduction increased. Read details
5 months ago

Budget 2024: Income tax slabs changed, standard deduction increased. Read details

Op India  

On Tuesday, Finance Minister Nirmala Sitharaman presented the Annual Financial Statement before the Lok Sabha. The Finance Minister has given relief to taxpayers who choose to opt for the New Tax regime as the tax slabs have been revised and the Standard deduction limit has been increased from Rs 50,000 to Rs 75,000. Personal Income Tax: The Union Finance Minister …

Budget Reactions: PM Modi Says 25 Crore People Came Out Of Poverty In last Decade
5 months ago

Budget Reactions: PM Modi Says 25 Crore People Came Out Of Poverty In last Decade

ABP News  

Union Budget Reactions Highlights: The world's eyes were on Union Finance Minister Nirmala Sitharaman as she tabled the first full Budget of the Modi 3.0 government. What Does The Opposition Say About Budget 2024 Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Tuesday criticised the Union Budget, labelling it a "kursi bachao budget" and alleging that it offers …

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime
5 months ago

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime

India TV News  

Uttar Pradesh CM Yogi Adityanath's reaction on Union Budget: "Under the guidance of PM Modi, in the new parliament of the country, the Finance Minister has laid down the general budget of the country which is - inclusive, development-oriented and one which will fulfil the aspirations of 140 cr people. The new tax slabs announced in the budget are welcoming." …

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’
5 months ago

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Monday hailed the Economic Survey 2023-24 tabled by Union finance minister Nirmala Sitharaman, saying that it highlights the prevailing strength of Indian economy. Prime Minister Narendra Modi said the Economic Survey identifies areas for further growth and progress “The Economic Survey highlights the prevailing strengths of our economy and also showcases the outcomes of the …

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
5 months ago

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?

Hindustan Times  

The Union Budget 2024 could provide Income Tax relief for low earners looms large amid rising prices in the country. Experts believe that a reduction in Income Tax could address economic challenges in the country as Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2024-25 on July 23. This change would boost consumption, …

PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge
5 months, 1 week ago

PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge

The Hindu  

Congress president Mallikarjun Kharge on July 12 said that Prime Minister Narendra Modi "used PR" to keep the government away from basic issues but people were now demanding accountability after the June Lok Sabha poll results. In a post in Hindi on X, the Congress president said, "Narendra Modi ji, Your government has ruined the lives of crores of people …

India’s president inaugurates newly elected parliament and sets out economic reforms as a key agenda
5 months, 3 weeks ago

India’s president inaugurates newly elected parliament and sets out economic reforms as a key agenda

Associated Press  

NEW DELHI — India’s president inaugurated a new parliament on Thursday after national elections, listing the priorities of Prime Minister Narendra Modi’s government in coming years, including fast-tracking economic reforms and boosting small and medium-size enterprises to create jobs. President Draupadi Murmu said India’s economy grew the fastest among the world’s major nations at an average of 8% over the …

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling
6 months, 2 weeks ago

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling

Al Jazeera  

Indian Prime Minister Narendra Modi and his Bharatiya Janata Party campaigned on India’s sizeable economic expansion in the lead-up to the country’s recent national elections. Despite strong headline economic growth, nearly half of India’s population is still employed in the relatively unproductive agricultural sector – a share that rose during Modi’s second term, from 42.5 percent in 2018-19 to 45.8 …

LS polls: Rural hardship hurts BJP
6 months, 2 weeks ago

LS polls: Rural hardship hurts BJP

Hindustan Times  

New Delhi: Faced with the police’s tear gas and rubber bullets, farmers from Punjab have been protesting outside Delhi since February, a reprisal of the uprisings of 2020 and 2021, albeit on a smaller scale. Farmers protesting against new farm laws While the Bharatiya Janata Party has dominated large swathes of India’s rural heartland in the last 10 years, discontent …

Vote for Congress candidates to save Constitution, reservation: Rahul Gandhi
7 months, 1 week ago

Vote for Congress candidates to save Constitution, reservation: Rahul Gandhi

New Indian Express  

“BJP leaders are stating they will amend the Constitution. If you try to tear and throw away this book, watch what the people of the country and Congress party will do to you,” Rahul said addressing an election rally in Balangir while holding a copy of the Constitution. He had launched the party’s campaign at Salipur in Cuttack district on …

5.14 crore person-years employment were generated annually during ten years of the Modi govt: SKOCH Report
7 months, 2 weeks ago

5.14 crore person-years employment were generated annually during ten years of the Modi govt: SKOCH Report

Op India  

Around 5.14 crore person-years of employment were generated on an annual basis during the ten years of the Modi government, a report by a leading economic think tank SKOCH Group revealed on Monday. As per the study, 19.79 crore employment were generated by governance-led interventions while 31.61 crore employment opportunities were contributed by credit-led interventions between 2014 and 2024. The …

India’s opposition makes its election case, calling Modi an autocrat and promising aid to the poor
8 months, 2 weeks ago

India’s opposition makes its election case, calling Modi an autocrat and promising aid to the poor

Associated Press  

NEW DELHI — India’s main opposition party vowed to boost social spending and reverse what it views as a slide into autocracy as it laid out its campaign promises on Friday, two weeks before the start of a weeks-long, multi-phase general election. But critics say another term for the BJP could undermine India’s status as a secular, democratic nation, saying …

Data on what Indians earn does have plenty to reveal of poverty in India
8 months, 2 weeks ago

Data on what Indians earn does have plenty to reveal of poverty in India

Live Mint  

Even though the fact-sheet on the Consumption Expenditure Survey has been officially released, the debate on poverty is far from over. For all of India, it would imply a poverty line of ₹445 per day, slightly higher than the government notified minimum wages. This was only ₹310 per day in case of agricultural workers, lower than the estimate reported by …

PM Modi sets ambitious India economic goals for probable third term
8 months, 2 weeks ago

PM Modi sets ambitious India economic goals for probable third term

Live Mint  

Indian Prime Minister Narendra Modi, confident of winning a national election starting this month, has set an ambitious target of roughly doubling the economy and exports this decade, according to a government document seen by Reuters. Independent economist Saugata Bhattacharya said doubling the economy by the end of the decade would be a "very difficult feat" requiring 6%-6.5% growth for …

Patralekha Chatterjee | Why isn’t rising inequality turning into a poll issue?
8 months, 3 weeks ago

Patralekha Chatterjee | Why isn’t rising inequality turning into a poll issue?

Deccan Chronicle  

The view from the penthouse and the pavement is staggeringly different. By 2022-23, the top one per cent income and wealth shares are at their highest historical levels; India’s top one per cent income share is among the very highest in the world, higher than even South Africa, Brazil, and the United States, notes the paper, titled “Income and Wealth …

Working class suffered the worst during Modi regime: Congress
8 months, 3 weeks ago

Working class suffered the worst during Modi regime: Congress

The Hindu  

Spelling out details of its promise to ensure shramik nyay or justice for labour, the Congress on Tuesday said it would include the right to health, urban employment guarantee, increase in wages for MGNREGA workers up to ₹400 and reviving labour laws to protect the working class interest in its manifesto. Addressing a press conference at the All India Congress …

Narendra Modi government nurtured a ‘billionaire raj’ more unequal than even British Raj: Congress
9 months ago

Narendra Modi government nurtured a ‘billionaire raj’ more unequal than even British Raj: Congress

The Hindu  

Citing a global report that shows inequality in India had widened, with the share of the top 1% population in national income at historically high levels in 2023, the Congress on March 20 criticised the Narendra Modi government’s policies for nurturing a ‘billionaire raj’ more unequal than even the British Raj. Alleging that Mr. Modi nurtured this ‘billionaire raj’ to …

Has poverty really dropped to 5% in India?
9 months, 1 week ago

Has poverty really dropped to 5% in India?

The Hindu  

Subrahmanyam recently claimed that less than 5% of Indians now live below the poverty line. Mr. Subrahmanyam argued that the average consumption expenditure in the bottom 5% of India’s population, as estimated by the survey, is about the same as the poverty line in India, suggesting that the poverty rate in India is somewhere in the range of 0 to …

Modi Cabinet hikes DA by 4 per cent for central govt employees, approves over Rs 10,000 crore for Northeast
9 months, 2 weeks ago

Modi Cabinet hikes DA by 4 per cent for central govt employees, approves over Rs 10,000 crore for Northeast

India TV News  

The Modi Cabinet on Thursday announced an increase in Dearness Allowance of Central government employees by four per cent to 50 per cent. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs 12,868.72 crore per annum. The Cabinet has approved the Minimum Support Price for Raw Jute for 2024-25 season at …

Lower inflation, increase in per capita income, revenue: Delhi Economic Survey
9 months, 3 weeks ago

Lower inflation, increase in per capita income, revenue: Delhi Economic Survey

Hindustan Times  

Finance minister Atishi on Friday cited a 22% increase in per capita income, the fastest Gross State Domestic Product growth, an 18% rise in tax collection, lower inflation and unemployment rates and said Delhi’s economy has increased at a record pace as she presented this year’s Economic Survey in the assembly. “GSDP of Delhi at current prices during 2023-24 is …

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’
9 months, 3 weeks ago

GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Thursday took to social media platform X after government data showed that India's economy grew by 8.4 per cent in the December quarter. The growth rate of GDP during 2023-24 is estimated at 7.6 per cent compared to the growth rate of 7.0 per cent in 2022-23," the government statement added. The GDP at current …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
9 months, 3 weeks ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

Ahead of Lok Sabha elections parties declare income: BJP highest, NPP's wealth surged 1,502 per cent
9 months, 3 weeks ago

Ahead of Lok Sabha elections parties declare income: BJP highest, NPP's wealth surged 1,502 per cent

India TV News  

With nearly Rs 2,361 crore in the 2022-23, the Bharatiya Janata Party was declared as the political party with highest income followed by Congress with Rs 452.375 crore, the Association for Democratic Reforms said. The BJP, Congress and AAP collected 49.09 per cent or Rs 1,510.61 crore of national parties' total income from donations through electoral bonds for FY 2022-23. …

Poverty levels below 5%, claims NITI Aayog chief
9 months, 4 weeks ago

Poverty levels below 5%, claims NITI Aayog chief

The Hindu  

Less than 5% of Indians are now expected to be below the poverty line, and extreme destitution has almost gone away, a top government official asserted on February 25, citing the findings of the Household Consumption Expenditure Survey for 2022-23. Subrahmanyam, the chief executive officer of the Centre’s think tank Niti Aayog, averred that growth is “broad-based” with rural Indians’ …

Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments
10 months, 1 week ago

Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments

The Hindu  

February 12, 2024 11:06 pm | Updated February 13, 2024 09:54 pm IST With the BJP-led government exuding over-confidence on the state of the economy, the interim Budget presented earlier this month has shifted focus to fiscal consolidation. Even then, the simple truth which is evident from the official data is that on average, real GDP growth was at least …

Indian Economy under PM Modi has witnessed profound transformation: FM Nirmala Sitharaman gives govt’s report card
10 months, 3 weeks ago

Indian Economy under PM Modi has witnessed profound transformation: FM Nirmala Sitharaman gives govt’s report card

Op India  

The Indian economy under Prime Minister Narendra Modi has witnessed a profound transformation in the last 10 years when the government took several pro-people reforms that were structural, Union Finance Minister Nirmala Sitharaman said on Thursday, as she rose to present the interim Budget for 2024-25. “In 2014, the country was facing enormous challenges, the government overcame those challenges and …

Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman
10 months, 3 weeks ago

Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman

India TV News  

Union Finance Minister Nirmala Sitharaman said that the average real income of Indians has increased by 50 per cent and people's earnings have improved, leading to a better quality of life and increased aspirations for the future. Sitharaman attributed moderated inflation levels to good macroeconomic stability and robust investments. "There is macroeconomic stability, investments are robust, the economy is doing …

140 crore Indians are living in anyaay kaal created by BJP: Congress
10 months, 3 weeks ago

140 crore Indians are living in anyaay kaal created by BJP: Congress

The Hindu  

The Congress on January 28 alleged that 140 crore Indians were living in an anyaay kaal imposed by the BJP. "140 crore Indians are living in anyaay kaal imposed by the BJP's misrule," he said. The Congress leader said the "Modi Government may drumbeat about poverty numbers" but the "stark reality is different". "According to the UNDP's multi-dimensional poverty index, …

25 crore people lifted out of poverty in 9 years: PM Modi
11 months, 1 week ago

25 crore people lifted out of poverty in 9 years: PM Modi

Deccan Chronicle  

ANANTAPUR: Prime Minister Narendra Modi said on Tuesday that reforms in the taxation system improved government tax collections and this helped in reducing poverty during the past 10 years of his governance. Referring to the latest Niti Aayog report that was released a few days ahead of the consecration of the Ram Lalla idol at the Ram Mandir in Ayodhya, …

India to have 100 million affluent citizens by 2027, claims report
11 months, 1 week ago

India to have 100 million affluent citizens by 2027, claims report

Hindustan Times  

India's affluent class is expected to be 100 million by 2027, a report by Goldman Sachs stated on Friday, adding that the indigenous companies selling premium goods will outperform the broad-based rivals. According to the Goldman report, the purchasing power of top earning Indians has increased in the past decade, due to a strong economic growth, stable monetary policy and …

Tax collection on course to grow 3 times to over ₹19 lakh crore in 10 years of Modi Government
11 months, 3 weeks ago

Tax collection on course to grow 3 times to over ₹19 lakh crore in 10 years of Modi Government

The Hindu  

Personal income and corporate tax collections are likely to rise to more than ₹19 lakh crore in 10 years of Prime Minister Narendra Modi-led Government, providing more leeway to come out with people-friendly tax measures. Driven by the increasing income of individuals, net direct tax collections after adjusting for refunds increased from ₹6.38 lakh crore in FY 2013-14 to ₹16.61 …

Modinomics And Rising India
11 months, 3 weeks ago

Modinomics And Rising India

News 18  

The International Monetary Fund recently called India a star performer, with India projected to contribute 16 per cent to global growth. The October 2023 IIP data also showed that the output of primary goods logged an 11.4 per cent growth compared to 2.1 per cent in the year-ago period. Speaking of India’s GDP, real GDP or GDP at constant prices …

Naysayers Have It Wrong, Incomes in India Are Rising
1 year ago

Naysayers Have It Wrong, Incomes in India Are Rising

News 18  

The state of income in India has suddenly become a topic of raging discussion after former RBI Governor Raghuram Rajan and economist Rohit Lamba suggested that the country cannot escape the lower-middle income trap by 2047. India’s gross direct tax collections in the ongoing financial year, until November 9, have increased almost 18 per cent to Rs 12.37 lakh crore. …

Government choices and policies have taken India's economy to new height: PM Modi
1 year ago

Government choices and policies have taken India's economy to new height: PM Modi

Firstpost  

Modi said that their biggest priority should be people’s ease of living, and took a swipe at past governments saying they ignored the equality envisaged by B R Ambedkar, the key figure behind the Constitution, among all citizens Prime Minister Narendra Modi on Thursday said his government’s policies and decisions have taken the economy to a new height, creating immense …

The four biggest castes for me are the poor, the youth, women, and farmers: Modi
1 year ago

The four biggest castes for me are the poor, the youth, women, and farmers: Modi

The Hindu  

November 30, 2023 12:23 pm | Updated 07:58 pm IST - New Delhi Prime Minister Narendra Modi on Thursday said that among all the castes, the poor, the youth, women, and farmers were the biggest for him, and that only the uplift of these “castes” would lead to the progress of the country. The remarks were made by Mr. Modi …

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