-The Telegraph Chandigarh: Farmer Balwinder Singh from Patiala had taken a loan of Rs 41,700 from a cooperative bank. When he received his loan-waiver certificate from the Punjab government on Sunday, the amount waived was mentioned as Rs 7. On a day chief minister Amarinder Singh launched the loan-waiver scheme in Chandigarh to help distressed farmers, many across the state alleged only a fraction of their debts had Been written off. While Balwinder...
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Some red flags in the economy numbers: Agriculture is the most alarming -RN Bhaskar
-MoneyControl.com When agriculture’s GVA growth climbed from -0.2% in 2014-15, to 0.7% in 2015-16, everyone expected agriculture to continue doing well. This was confirmed by this growth rate further rising to 4.9% in 2016-17. But what happened now? So it is finally official. The fears that most people had kept suppressed – about India witnessing an economic slowdown – have Been realised. The Central Statistical Office (CSO) came out last week with...
More »Shaktikanta Das, the former secretary of the Department of Economic Affairs, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
More »'Open-ended' FIR filed in Aadhaar leak case
-The Times of India NEW DELHI/ JALANDHAR: Delhi Police has registered an "open-ended" FIR in connection with the alleged leak of Aadhaar data for a fee. The FIR has Been lodged on the complaint of a senior UIDAI official under Sections 36 and 37 of the Aadhaar Act, apart from Indian Penal Code sections on cheating, forgery and impersonation, and Section 66 of the Information Technology Act. On January 3, a report...
More »Marketing indigenous drinks: Spirits of the world unite -Rahul Srivastava & Matias Echanove
-The Hindu Can sparkling Mahua replace Champagne and Proseco as the drinks of choice in the new year? One of the most valuable characteristics of economic life in Europe is the tremendous importance it gives to local resources, skills and spaces, whether through need or intent. Geographical labels for specific products, especially wines and spirits, significantly contribute to local economies. Every French or Italian region has at least a few products from the...
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