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Sustainable farming in Banswara creates new livelihood sources -Mohammed Iqbal

-The Hindu CM’s economic advisory team studies model for replication. A sustainable natural farming system adopted in southern Rajasthan’s Banswara district, which has created new livelihood sources and brought food SECurity to indigenous tribal communities, has impressed the Chief Minister’s Economic Transformation Advisory Council. The model is being considered for replication elsewhere in the State. A 20-member team of the Council visited Banswara district’s Amlipara village earlier this week to study the techniques...

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Maharashtra Cooperative Sugar industry hails Centre’s decision to waive income tax demands since 1985 -Sanjay Jog

-The Free Press Journal Recently, former union agriculture minister Sharad Pawar and former chief minister Devendra Fadnavis had separately met the union cooperation minister Amit Shah demanding a relief in income tax demands worth Rs 9,500 crore at the all India level of which Rs 8,000 crore were alone from Maharashtra cooperative sugar industry. Sugar Cooperative Factories in Maharashtra have received a major relief after the Centre has waived income tax demands...

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Are we overestimating the fiscal boost to the economy? -Roshan Kishore

-Hindustan Times Gross domestic product (GDP) statistics are released at both current and constant prices. The latter discounts inflation (more on this later) from the base year of the current GDP series. Let’s assume it takes a tonne of steel to build half a kilometre of road. Let’s also assume steel costs ₹1,000 a tonne and there is a tax of 10% on steel. Now, if steel prices doubled in a year,...

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NSO estimates FY22 GDP growth at 9.2%

-The Hindu COVID-19 could impact final numbers, says the National Statistical Office. India’s gross domestic product (GDP) is expected to grow by 9.2% in the current financial year following last fiscal’s 7.3% contraction, the National Statistical Office (NSO) said in its first advance estimates of economic output released on Friday, amid concerns over the likely impact of a third wave of the COVID pandemic. The NSO, however, made clear that these were “early...

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Bhramar Mukherjee, professor of biostatistics at the University of Michigan, interviewed by GS Mudur (The Telegraph)

-The Telegraph The country has an advantage that many people have two vaccines plus a past infection: Expert Bhramar Mukherjee, a professor of biostatistics at the University of Michigan who has been tracking India’s Covid-19 epidemic for nearly two years, is now visiting her parents’ farmhouse in Ruppur near Santiniketan in Birbhum. “This is our escape and solace in the epidemic,” she said. In this interview, Mukherjee tells The Telegraph what she expects...

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