-Livemint.com Karnataka govt has stopped the sale of paddy seeds in some districts hoping to get farmers to switch to ragi and jowar among other coarse grains Bengaluru: Following a lukewarm response to its promotional efforts, Karnataka has resorted to more forceful measures to get farmers in the Cauvery command area to switch from cultivating water-intensive crops such as paddy and sugarcane to drought-tolerant millets as part of a plan to stabilize...
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Demonetisation is a Clear Case of How Public Policy Should Not be Made -Arun Kumar
-TheWire.in Demonetisation as a means of tackling the black economy was destined to fail. What’s worse is that its ripple effects are having severe adverse effects on India’s economy. That 99% of the currency demonetised found its way back to the RBI has been known for some time. The surPRIse is why it took so long for the announcement to be made. An article in the Economic and Political Weekly in June...
More »If Anything, Demonetisation Slowed the Rate of Increase in Income Tax Base -James Wilson
-TheWire.in Year-to-year growth in the number of tax payers in 2016-17 was 26% (with demonetisation), which is less than 27.6% during 2015-16 (without demonetisation). I am finally able to resolve the jigsaw puzzle of the number of tax payers added during FY 2016-17. In my last article in response to the clarifications issued by the Ministry of Finance on August 18, I pointed out the inconsistencies in their response. For instance, “Instead...
More »Centre keeping a tab on onion PRIces
-The Hindu Business Line Why is it up despite a bumper crop? New Delhi: The Centre on Monday said it is closely monitoring the PRIce and availability of onions, as there is no reason for the PRIce of the essential vegetable going up considering the bumper production this year. According to the third advance estimate of horticulture production, as much as 217.2 lakh tonnes of onion were produced in 2016-17, compared to the...
More »Farmers' suicides in Punjab: Looking beyond indebtedness -Sher Singh Sangwan
-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...
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