Economic and Policy Implications of the Decision The economic rationale behind removing the export duty primarily revolves around the interests of onion farmers and exporters. The duty had resulted in suppressed farm gate prices, with onion producers in Maharashtra, Karnataka, and Madhya Pradesh, India’s key onion-growing states, facing financial distress due to reduced demand from […]
Introduction The Indian government’s decision to remove the 20% export duty on onions, effective April 1, 2025, marks a significant shift in its approach to agricultural trade regulation. Initially imposed in October, 2023 to curb domestic inflation and stabilize onion prices, the export duty was a measure aimed at restricting outbound trade to ensure local
HOW TO DETERMINE BACKWARDNESS ? Pierre Bourdieu’s theory of capital throws light on a distinct way to the understanding of class and social stratification by emphasizing a multidimensional approach. He argues that an individual’s class location is shaped not merely by economic factors but by the interplay of four types of capital: economic, cultural, social,
INTRODUCTION The Supreme Court’s decision in State of Punjab v. Davinder Singh was a defining moment in the evolution of India’s affirmative action framework. By upholding sub-categorization within Scheduled Castes, the Court dismantled the assumption of homogeneity among marginalized groups. Instead, it acknowledged the stark hierarchies and inequities within these communities, paving the way for
Introduction Block assessments are specific measures outlined in the Income-tax Act aimed at taxing undisclosed income discovered during search and seizure operations. The reintroduction of block assessments in search cases under the Income Tax Act, effective from September 1, 2024, marks a significant shift in the management of undisclosed income identified during these operations. The
