-PTI Seventy five per cent households across 13 states feel that the level of corruption has increased or remained the same during the last one year, while 27 per cent confessed to paying a bribe to avail public services in the last one year, according to a new survey. The 'India Corruption Study' conducted by the Centre For Media Studies covered more than 2,000 households from over 200 rural and urban clusters...
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Farm, Fractured -V Kumara Swamy
-The Telegraph As Prime Minister Narendra Modi prepares to mark his fourth anniversary in power, V. Kumara Swamy takes stock of how hollow his promises to farmers have been. Will there be a price to pay? Hemant Patidar, a farmer, has been camping at the Mandsaur mandi in Madhya Pradesh with 15 quintals of “good quality” garlic for more than a week now. The price has been on a downslide for the...
More »Balancing conflicting claims -C Rangarajan & DK Srivastava
-The Hindu The 15th Finance Commission has to take a call on the degree of equalisation that’s feasible In the context of the Terms of Reference (ToR) of the 15th Finance Commission (FFC), certain key aspects relate to (a) the mandate for using the 2011 population; (b) ‘whether revenue deficit grants’ be given at all; (c) the impact of the goods and services tax (GST) on the finances of the Centre and...
More »Malaysia scraps GST, experts advise caution to Indian govt -Dilasha Seth
-Business Standard India studied the Malaysian model before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry New Delhi: Malaysia deciding to scrap the goods and services tax (GST) on Wednesday, three years after its roll-out, may prompt India to tread with caution over the next few years to stabilise the new indirect tax regime implemented in July last year. Although...
More »Icrier Study: Agri research & education funding heavily skewed
-Financial Express Among the six states studied by Icrier, Gujarat spends the most on agriculture R&E (0.59%), followed by Bihar (0.50%), Punjab (0.41%), Odisha (0.25%), Uttar Pradesh (0.17%) and Madhya Pradesh (0.24%). The government’s expenditure on agricultural research and extension education services is not only very low but also heavily skewed in favour of crops, even as the dairy sector has a rapidly increasing share in the gross value of output...
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