'Taxing Billionaires Is Not A Bad Idea'

May 15, 2024 10:31

Are economic disparity, poverty and unemployment the real issues confronting India this election?

"The growth of wealth disparities is not new, but it was almost certainly reinforced in the last ten years by economic policies favourable to big business, such as corporate subsidies, loan waivers, land concessions, protective tariffs, stimulus packages and relaxation of environmental norms.

"Gautam Adani's meteoric rise under Modi is just the tip of that iceberg. All this is being done in the name of employment and poverty removal, but that's just a fig leaf," Professor Jean Dreze, the eminent Belgian born Indian economist and social scientist, tells Rediff.com's Shobha Warrier.

Read the interview here.

« Back to LIVE

TOP STORIES

HC relief for visually challenged DU prof fined Rs 6L for hostel overstay

Justice Sanjeev Narula issued notice on a petition by Sharmishtha Atreja against the imposition of the fine and asked the varsity to file its response within four weeks.

Modi calls Rahul 'balak budhhi', urges Speaker to act against him

Prime Minister Narendra Modi on Tuesday said the people have given his government a mandate for stability and continuity for the third consecutive term after seeing its work of 10 years and accused the Congress of trying to build a...

HC terms BRS leader Kavitha as main conspirator, denies bail

The high court, which perused the material collected by the investigating agencies, said Kavitha was prima facie involved in the payment of kickbacks in various processes and activities relating to proceeds of crime and in the commission...

Mature Parag says hard choices paved way for comeback

Parag credited Sangakkara for making things easier for him as he was easy to approach.

At least 60 killed in stampede at a 'satsang' in UP's Hathras

At least 50-60 people died and several others were injured in a stampede at a religious congregation in Hathras, Uttar Pradesh on Tuesday, officials said.