It is often argued that implementing a wealth tax is not administratively feasible or will deter investment from trickling down. Yet, much of the international community proves the contrary. There is no excuse now for the Narendra Modi government to avoid doing it
The latest incident – a controversy over a reference to an interview with Noam Chomsky – shows how afraid the university is of teachers and students saying anything, even if they are simply quoting others.
In these dire circumstances, it is essential for the state to directly provide the basic means of survival to anyone who needs it. This must be in both cash and kind.
Instead of embarking on a massive administrative exercise with uncertain benefits, it is possible to think of another combination of public interventions that would actually ensure minimum income to a much larger proportion of the population.
The ministry of labour is to require all establishments with 30 women workers or 50 total workers to provide crèche facilities for their employees, either at the premises or within half a kilometre.