-The Economic Times MUMBAI: As India struggles with demonetization, individuals and businesses are using old currency notes to settle debts while income tax officials are at a loss how to go about imposing 200% penalty -- as announced by a senior finance ministry official -- on such funds flowing into banks. Firms are clearing dues to suppliers, depositing cash in bank accounts to repay old loans, and buying memberships of clubs, SPAs...
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Orphan food? Nay, future of food -Satish Deodhar
-Livemint.com Pulses are important from the perspectives of food security, environmental sustainability and balanced nutrition Most pulses such as pigeon pea (tur dal), black gram (urad), green gram (mung), field beans (waal), moth beans (matki) and horse gram (kulith) are native to the Indian subcontinent and have been an integral part of our diet for centuries. However, the single-minded focus on cereals over the last 50 years—the green revolution in wheat and...
More »Realising energy sector targets -Kirit S Parikh
-The Hindu A reasonable aim of 1,500 MT of coal production by 2022 and a calibrated renewable energy push should enable reaching ambitious targets. Prime Minister Narendra Modi’s style is to set ambitious targets with impossible-looking deadlines. Perhaps he is inspired by a Gujarati poet who said, “Nishaan chuk maaf, nahi neechu nishaan” (missing the target can be forgiven, setting a low target cannot). This challenges his colleagues and staff to accomplish...
More »Bridging the skill gap -Santosh Mehrotra
-The Hindu A levy on firms, resources from which are earmarked for vocational training, is what could help the country bridge the skill gap in its workforce. Financing technical vocational education and training (VET) is costlier than general education due to its technical nature. Pre-service training requires the installation of equipment and trained instructors to train youth. This raises the cost of training, and remains a factor preventing pre-service training from expanding...
More »From plate to plough: A thought for food -Ashok Gulati & Smriti Verma
-The Indian Express New FDI policy in food products is unlikely to be a game-changer by itself. Government must clear up the policy environment. n a rather bold move on June 20, the Modi government opened several key sectors such as defence, pharmaceuticals, civil aviation and food products to 100 per cent foreign direct investment (FDI). The objective behind this FDI policy is to attract higher investments, better technologies in manufacturing, commerce,...
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