-The Economic Times The enigma around the GDP growth numbers has compounded, as it understated the impact of demonetisation. Eliminating the dissonance created by large revisions, nominal GDP growth in December quarter may have been impacted by 240 bp and 320 bp on a year-on-year and sequential basis, respectively. The 7 per cent real GDP growth print for Q3FY17 released by the CSO on Tuesday gives an impression that the demonetisation shock...
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Holes in DeMo armour
-The Telegraph Mumbai: Prime Minister Narendra Modi could well choose to crow about the 7 per cent GDP growth in the third quarter of 2016-17 which, he believes, has blunted criticism about his demonetisation drive and its widely anticipated crippling impact on the economy. But analysts have started to focus attention on how the Central Statistics Office (CSO) "cooked" the numbers of the third quarter of 2015-16 to make the growth rate...
More »Now, pay 'waste charge' in South Delhi
-The Times of India New Delhi: The south corporation has approved an proposal to impose waste generation charges from users for generating Construction and demolition waste. The charge has been decided as per the C&D Waste Management Rules notified in 2016. According to the rules, any user generating over 20 tonnes a day or 300 tonnes per project in a month will have to pay for processing and disposing Construction and...
More »No action against green violations in Aravalis: RTI
-The Times of India Gurgaon: Only 565 environmental norm violations were reported in Gurgaon and Mewat areas of Aravali Hills between April 1992 and March 2015, and no action has been taken against any officials so far, according to an RTI reply. Of the 565 violations, 524 were filed in the court, which hears complaints that allege violations of environmental norms in Gurgaon and Faridabad areas, while 41 plaints are still pending...
More »Farmers being encouraged to construct farm ponds -HS Narasimha Kumar
-The Hindu The govt. will provide the complete unit cost of the ponds under MGNREGS Karnataka: In a bid to recharge the ground water table and enable farmers to provide water to domestic animals in summer, the Agriculture Department is promoting the Construction of farm ponds. Farmers will be provided with the complete unit cost of farm ponds under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). Somasundra, Joint Director of Agriculture,...
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