-PTI * Subhash Chandra Garg from the tax revenues perspective, 2019-20 is proving to be a dysfunctional year * Former finance secretary says corporate tax, excise duties and customs are likely to see negative growth in collections in 2019-20 NEW DELHI: The government's tax collection is likely to fall short of its estimate by Rs2.5 lakh crore or 1.2% of GDP in 2019-20, former finance secretary Subhash Chandra Garg said on Sunday while...
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Now India's official statistics will be suspect
-The Telegraph Refusal to face up to economic problems will tarnish India’s reputation as an economy and a democracy The Narendra Modi-led government has done it again. The Centre has Scrapped the all-India survey on household consumption expenditure conducted by the then National Sample Survey Office. A few months ago, the government had refused to make public the official survey conducted on employment in India. There was considerable pressure exerted by economists...
More »Assam govt rejects present NRC, wants to be part of national NRC: Himanta Biswa Sarma -Hemanta Kumar Nath
-India Today Assam Finance Minister Dr Himanta Biswa Sarma on Wednesday said in Guwahati that the present NRC process in Assam should be Scrapped and Assam wants to be a part of the national NRC process. Guwahati: Assam government rejected the present National Register of Citizens (NRC) wanting it to be part of a national NRC. Rejecting the National Register of Citizens (NRC), which was published on August 31, the Assam government welcomed...
More »eNam should not be forced on farmers, says Sanjay Kaul -Suresh P Iyengar
-The Hindu Business Line Mumbai: Finance Minister Nirmala Sitharaman’s advice to State governments to dismantle the Agricultural Produce Market Committees and move on to eNAM (electronic National Agriculture Market) has raised many eyebrows as the three-year-old nascent online platform is still facing teething troubles. Addressing the sixth World Congress on Rural and Agricultural Finance earlier this week, Sitharaman said, “I want to place emphasis on eNAM. We are trying to get the...
More »Consumption expenditure survey: Government to Scrap report over bad data -Roshan Kishore
-Hindustan Times On Friday, Business Standard released leaked findings from the 2017-18 CES which showed that inflation-adjusted average monthly per capita expenditure (MPCE) declined by 3.7% in the country between 2011-12 and 2017-18, a first in four decades. The ministry of statistics and programme implementation (MOSPI) has decided “not to release the Consumer Expenditure Survey (CES) results of 2017-2018” in view of “data quality issues”, it said in a statement. On Friday,...
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