Sporadic natural events like floods and droughts have made headlines in recent times. An official report, which was released in April this year, among other things, shows that extreme weather events have taken a huge toll on both human and cattle lives, personal property and crops grown by farmers and farm workers. A chapter on extreme weather events and natural disasters in the report entitled EnviStats India 2019, Vol. I: Environment...
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Darjeeling's tea-garden workers to get 20% bonus
-The Hindu The decision was taken during a tripartite meeting at Kolkata’s New Secretariat Building where representatives of the workers’ union and planters’ association met Labour Minister Moloy Ghatak. Kolkata: The West Bengal government and the Tea Planters’ Association of Darjeeling hills on Friday agreed to the demand of tea garden workers across 87 gardens in the Darjeeling hills for a 20% bonus. The decision was taken during a tripartite meeting at...
More »With GI tag, will the Tirur betel leaf go places? -V Sajeev Kumar
-The Hindu Business Line Kochi: Kerala betel leaf farmers are pinning hopes on the Geographical Indication status received for Tirur Vettila, the unique betel leaf variety from Malappuram district of the State, as the tag is likely to enhance its marketability in Asian markets. Pakistan was a major market for Tirur Vettila till 2016, when the government imposed restrictions by levying additional duties on the merchandise trade between the two countries following...
More »Growth lessons India can take from new frontrunner Bangladesh -Jayanta Roy Chowdhury
-The New Indian Express What changed the terms over the last few years from when India was the toast for global business and Bangladesh was an also ran? NEW DELHI: India has not only lost its tag as the fastest growing economy, it is even lagging behind its former 'poor cousin’ Bangladesh, which grew by 8.1 per cent last financial year as against India’s 6.8 per cent. Similarly, while India’s growth forecast...
More »Subdued GST collections, lower tax devolution will impact state finances, pose macro risks -Jayanta Roy and Aditi Nayar
-The Indian Express To avoid a substantial fiscal slippage at the state government level, a sizeable expenditure reduction or deferral is likely to be required, given that the borrowing limit set by the central government acts as a soft constraint to the size of the states’ fiscal deficits. There are growing concerns that the two major sources of tax revenues for state governments, the state goods and services tax (SGST) and...
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