-TheWire.in As the unorganised sector continues suffering, civil society members, bankers and politicians remain sceptical of demonetisation’s impact on black money. It is no secret that India’s informal sector, a largely cash-based economy, has taken a big hit because of demonetisation. While the government insists that the suffering is only temporary and worth it for cracking down on black money, several representatives from the unorganised sector are presenting a starkly different account...
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Does good monsoon mean big consumption boost? -Mayank Mishra
-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...
More »An odd policy -Dinesh Mohan
-The Indian Express The odd-even car proposal is being enforced in Delhi without any evidence or cost-benefit analysis Mahatma Gandhi had said, “Action in the absence of knowledge can be dangerous and worse than no action at all”. This sage advice is ignored by most Indians. In the face of a serious pollution problem prevalent in most Indian cities, especially the smaller towns, we pretend that it is only the people...
More »Get smart on diesel cars
-The Hindu The National Green Tribunal’s decision to bar the registration of new and old diesel vehicles in Delhi till its next hearing on January 6 comes as a blow — though a temporary one for now — to passenger vehicle manufacturers. Automobile-makers have, in recent years, been building (from scratch, in a few cases) and scaling up their production capacities for diesel cars, driven by the surge in demand for...
More »NGT shows red light to diesel vehicles
-Business Standard Interim order stops registration of new diesel vehicles in Delhi In a significant measure to curb the alarming pollution level, the National Green Tribunal on Friday issued an interim order that new diesel-run vehicles will not be registered in Delhi and there will be no renewal of registration of such vehicles which are more than 10-year-old. The tribunal also asked the Centre and Delhi governments to consider not buying diesel...
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