-The Indian Express The stand of Indian government is devoid of any macro-economic logic. It is not a contra-cyclical, but a pro-cyclical stance. And it is untenable, legally and morally. The relation between the Centre and the states has reached its nadir with the controversy over the GST compensation payment. The shortfall in GST revenues in 2020-21 from the protected level will be of the order of Rs 3 lakh crore. The...
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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »Statement by Right to Housing activists related to the Supreme Court order on demolition of shanties along the railway tracks dated 31st August, 2020
-Press release by Right to Housing Activists dated 3rd September, 2020 A press release has been issued by Right to Housing activists related to the order of the Supreme Court dated 31st August, 2020 in MC Mehta versus Union of India, WP(C) 13029/1985, that asked for the demolition of Jhuggis (slums/ shanties) along the railway tracks. The press release says that Jhuggis along the railway tracks are already covered by the...
More »Ways to ensure remunerative prices to farmers -A Amarender Reddy
-Down to Earth Several states have different levels of capabilities. Some states like Haryana and Punjab are historically in a better position to procure, while others like Bihar have limited capabilities Farmers’ protests about low harvest prices were a recurrent issue during the harvest period. A record harvest of paddy and other crops was expected during this harvest period. Market arrivals begin from October and end until December across India. Significant efforts from...
More »A development that will hardly put India at ease -R Nagaraj
-The Hindu The World Bank’s decision to halt its annual ‘Doing Business’ report on data authenticity issues has major implications On Thursday, the World Bank halted its annual publication, ‘Doing Business’ report, as it detected irregularities of data for a few countries. A World Bank Press release of August 27 said: “The integrity and impartiality of our data and analysis is paramount and so we are immediately taking the following actions. We...
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