-Scroll.in Scroll.in reporters fanned out across the country to uncover the reasons for the crisis. India’s current cash crunch is a real enigma. To begin with, there is its sheer unprecedented nature. In all the years since Independence, India has never seen something like it. “We have heard of coin shortages but never a cash shortage,” said MS Sriram, visiting faculty at the Indian Institute of Management-Bangalore’s Centre for Public Policy. “I...
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Change policy or will stop all supplies to cities: Farmers -Swati Mathur
-The Times of India NEW DELHI: Coinciding with the anniversary of India’s first War of Independence on May 10, 1857, farmers from across the country will submit signed representations to district magistrates across India, demanding that the Lok Sabha Speaker and Rajya Sabha Chairman take up two private members’ bills, one each for putting an end to farm indebtedness, and for guaranteeing remunerative minimum support prices for all agricultural products. Also...
More »Poo to power: Rural entrepreneurs power Centre's 'gobar-dhan' scheme -Dipak K Dash
-The Times of India KARNAL (HARYANA): "Poo to Power" may sound awkward and impractical, but Aditya Aggarwal and his brother Amit have done it in Karnal, Haryana. Two industries, one producing wire nails and another tinner rivets, owned by the family run on 100% electricity produced from cattle dung they get from nearby 'gaushalas' or cow sheds. The cattle dung-based power plant stARTed in 2014 and that too without government support....
More »In 5 years, 46% hike in base: Tax net widens as individuals fuel the surge -Aanchal Magazine & Anil Sasi
-The Indian Express While the total taxpayer base grew at an average rate of about 7.9 per cent a year, individual taxpayers recorded an average annual growth rate of 8.2 per cent in these five years, inching up from 94 per cent in AY 2011-12 to 94.9 per cent in AY 2016-17, according to official data. New Delhi: Even as the country’s total taxpayer base increased to 6.41 crore in assessment year...
More »The myth of 15 million jobs -Mahesh Vyas
-The Indian Express Incomparable data sets, cherry-picking, and dubious statistical analysis are behind the claims of robust employment growth. Only 1.4 million jobs were added in 2017. Surjit Bhalla has invented an estimate that 15 million jobs were created in 2017 (‘Robust job growth, not fake news,’ IE, April 28). This is an invention; it is not a discovery or an inference by honest statistical analysis. It is an invention because Bhalla...
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