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Income tax department releases data on crorepati taxpayers -Nikhil Agarwal

-Livemint.com * India's super-rich club of those earning above Rs.500 crore has only 3 individuals * Over 1.7 lakh people had filed income tax returns with zero income in 2017-18 NEW DELHI: If data from the income tax department's records is taken into account, India had more than 97,000 people earning a taxable income of over ?1 crore in the financial year 2017-18. The Central Board of Direct Taxes (CBDT) has now come out...

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Explainer: What Abhijit Banerjee, Esther Duflo, Michael Kremer won the Economics Nobel for -Jahnavi Sen and Kabir Agarwal

-TheWire.in All three winners argue that using randomised control trials can lead to better public policy interventions. New Delhi: The 2019 Nobel Prize for economics has been awarded to three economists who have focused on framing policies by first measuring the outcomes of alternative interventions on randomly chosen samples from a target population. Abhijit Banerjee, Esther Duflo and Michael Kremer have all worked on using this method to argue that randomised control trials...

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Could air pollution crisis come early this year? -Kabir Agarwal

-TheWire.in A sudden spike in farm fires has prompted Delhi chief minister Arvind Kejriwal to write to his Haryana and Punjab counterparts. New Delhi: With the arrival of the paddy harvesting season, there has been a sharp increase in the number of farm fires reported in Punjab. There were 107 fires between September 24 and 26 this year compared to just 11 in the same period last year, according to a report...

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Decision to import onions reflects the government's anti-producer bias -Kabir Agarwal

-TheWire.in The move itself reveals a deep-seated pro-consumer and anti-producer bias that has been, in large part, the reason for the agriculture economy being in doldrums. New Delhi: The government has decided to import onions from ‘Pakistan, Egypt, China, Afghanistan or any other origin’, according to a Metals and Minerals Trading Corporation Limited notifications. Some concerns were raised about importing from Pakistan. “And why import from Pakistan? Is the Indian farmer a...

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Zero Budget Natural Farming: Another Case of 'Raw Wisdom' Over Science? -Kabir Agarwal

-TheWire.in The Centre says the method will improve crop productivity and reduce input costs, but it remains unclear which scientific studies – if any – these conclusions are derived from. New Delhi: During her budget speech in July, finance minister Nirmala Sitharaman responded to widespread farmers’ distress by saying that they would be encouraged to adopt a ‘zero budget’ technique that would take India’s agriculture sector ‘back to basics’. Zero-budget natural farming...

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