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Centre close to cracking shell firm puzzle; panel decides 18 parameters -Shrimi Choudhary

-Business Standard The task force also highlighted that companies had been misused to channel unaccounted cash after demonetisation in November 2016 Mumbai: The government’s task force has arrived at a formula to define a ‘shell company’, a move critical for enforcement agencies to crack down on dubious entities exploiting the regulatory framework. According to sources, the task force has listed 18 key parameters, including beneficial ownership and the nature of business dealings, to...

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Why India's draft national forest policy needs an urgent course correction -Ananda Banerjee

-Livemint.com The current National Forest Policy dates back to 1988 before India’s economic liberalization started and now the government wants a revision, as it perceives a decline in Corporate investments into the forest sector New Delhi: Imagine two scenarios. One is a natural forest, nature’s complex multi-layered ecosystem and a landscaped home to 80% of all terrestrial biodiversity where thousands of species of plants, animals and microorganisms interact and thrive. The second...

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The rising agrarian distress in India -Jayati Ghosh

-Livemint.com To stabilize crop prices and make them remunerative, the Swaminathan Commission proposed significant improvements in the implementation of MSPs Across the country, farmers are furious—and rightfully so. Four years ago, they helped bring the Bharatiya Janata Party (BJP) to power, believing Narendra Modi’s claims that they would no longer suffer official neglect. But since then, conditions in agriculture have got worse. Earlier problems have worsened as farm incomes have been squeezed...

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Doubling farmers' income discussed in a closed door meeting -Jitendra

-Down to Earth What is the use of strategy when no special budget was allocated to double farmers’ income, says a senior NITI Aayog official anonymously In a two-day closed door meeting on doubling farmers’ income, the government claimed that there is no lack of funds to implement a seven-point strategy devised to double farmers’ income by 2022. The national conference, Agriculture 2022 - Doubling Farmers’ Income, which ends today, hosts sessions...

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The formal-informal divide -Puja Mehra

-The Hindu The slowdown in private investments is visible chiefly in the informal sector, not the corporate sector It is now well recognised that there is an investment slowdown in India, which is delaying a full-blooded recovery in the economy. Private investments, the principle engine of growth, are out of steam. The fall is so severe that it has more than offset the government’s macroeconomic stimulus of increased public investments. The slowdown started...

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