-The Hindu Business Line The government should explain constant variations in GDP figures. India’s reputation for data credibility could suffer “The (revised GDP) numbers are the result of a hatchet job” tweeted former Finance Minister P Chidambaram after the Modi government published the back-series GDP data late November. Ahmed Patel, his colleague in the Congress party, added his bit: ‘In its desperate attempt to re-write GDP data, the government resembles a student...
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'Rainfed farmers are the most neglected'
-The Hindu Business Line Need to do more R&D in rainfed agriculture and bring in more policy perspective: Ashok Dalwai Even though rainfed agriculture contributes to 60 per cent of the value of agriculture GDP of India, there is a clear-cut bias towards irrigated areas when it comes to public investment in agriculture in the country. This neglect, together with unsuitable programme design, has ensured that potential of rain-fed areas remains unrealised, a...
More »New Research sounds alert on iron overdose risk for women -GS Mudur
-The Telegraph Daily requirement for Indian women less than that assumed for fortification plans Millions of women across India may face the risks of consuming excess iron under current government policies on food fortification and nationwide iron tablet supplementation for women of reproductive age, new Research has suggested. A study has calculated that the average daily iron requirement for Indian women is 15mg and not 21mg as currently assumed and cautioned that fortification...
More »Cash in system surges: Informal sector's back? -Mayur Shetty
-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...
More »Two sides of the coin: Tax incentives and revenue forgone -Suraj Jaiswal and Neeti Biyani
-Down to Earth The use of tax incentives to attract investments is prevalent around the world. However, there is no definitive data on the global magnitude of incentives granted because not all countries collect and publicly report such data and there is no common methodology for reporting across all countries. Rough estimate by Action Aid (2013) pegs the incentives granted by developing countries from corporate income tax (CIT) at $138 billion....
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