India's poorest 50 per cent pay two-thirds of GST: Oxfam

  • Thread starter Thread starter Mrloveday
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Even the middle class tax evaders have to pay tax on goods and services
Under BJP rule taxless slab has rose 2.5x (from 2L to 5L) in just 11 years. Which means real middle class is paying less direct tax compared to Congress era.

how you people see the news as below, 'the count' of houses for poor upto mid 2024?
i have read the eligibility for these 'Pucca houses' is upto Rs300,000 annual income, as per topic of this thread......
i think, it might have covered more than 20+ crore poor people in these Pucca Houses :coffee:
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10 June, 2024

The PMAY, in the last 10 years, has ensured 4.21 crore houses for eligible economically poor families, according to the latest government figures.
 
@c14-Isotope

To assume that the poor are paying more GST than the middle, upper class would mean the poor are consuming more goods and services than the middle, upper class. Is this even possible?

No, it is not. Strangely most people on my SM friends list, believe it to be true. Whether it is out of deficient education or out of sheer crookedness, I live it to your imagination.

Regards


gsthalf.jpeg
 
This is government assisted wealth transfer from the poor to the rich.
No wonder the wealth gap is ballooning.

how you people see the news as below, 'the count' of houses for poor upto mid 2024?
i have read the eligibility for these 'Pucca houses' is upto Rs300,000 annual income, as per topic of this thread......
i think, it might have covered more than 20+ crore poor people in these Pucca Houses :coffee:
.
=>
10 June, 2024

The PMAY, in the last 10 years, has ensured 4.21 crore houses for eligible economically poor families, according to the latest government figures.

In June 2015, Prime Minister Narendra Modi launched a flagship scheme to tackle urban homelessness. “Housing for all” by 2022, the government said, repackaging the emotive appeal of the ‘roti, kapda, makaan’ slogan from the Indira Gandhi years.

Moreover, an overwhelming majority of homes – about 83 percent – that are to be constructed under the PMAY-U do not target the landless urban poor at all. This is despite affordable housing for weaker sections remaining a no-go zone for private real estate developers in metropolitan India.

A reality check of a ‘guarantee’

The number of homes constructed and/or renovated under PMAY-U is impressive – around 1.18 crore homes have been sanctioned, out of which over 80 lakh are already complete. These are the headline numbers that are often mentioned by government representatives when discussing the success of PMAY-U. These are numbers that should indeed be celebrated because they represent many families who have enjoyed a boost in their quality of life.

But a huge chunk of the urban poor are still being left out. An overwhelming majority of the homes (about 83 percent) constructed under the PMAY-U are for families that have access to capital or land. The slum rehabilitation scheme within PMAY-U has sanctioned only 2.96 lakh homes :coffee:, around 20 percent of the estimated demand. This constitutes just about 2.5 percent of the total beneficiaries of PMAY-U.

The other troubling reality of the housing situation in urban India is that despite the gains made under PMAY-U, demand outpaces supply. Using the most conservative estimates, the PMAY-U has addressed a mere 25.15 percent of the housing shortage by delivering 80 lakh homes. Even when the remaining houses sanctioned under the scheme are constructed by the end of 2024, it would have addressed just about 37 percent of the real need. Almost 2.4 crore households will still be without a proper roof.

 
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