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Govt readies booster dose to revive stuttering economy, may target MSME sector -Suchetana Ray

-Hindustan Times India’s economic growth slumped to 5.7% in April-June quarter, which experts attribute to demonetisation that sucked out 86% of the currency in circulation from a largely cash-reliant economy. The government’s expected measures to revive a stuttering economy could mainly target the MSME sector and involve a re-look at public-private project norms to boost investment without breaching its fiscal deficit target for the year, officials involved in the process told HT. Besides,...

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Bullet Train: Do we need it? -TR Raghunandan

-Deccan Herald As a railway buff, I love the technology story of the bullet train. However, it is not appropriate for India, in the current configuration as negotiated by Prime Minister Narendra and his Japanese counterpart Shinzo Abe for the Mumbai-Ahmedabad high-speed rail line, for which they laid the foundation stone on September 14. The Shinkansen bullet trains were introduced in Japan in 1964 and traversed the 500-plus kilometre distance between Tokyo...

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The Ghost of Demonetisation Still Haunts Marathwada's Farmers -Parth MN

-TheWire.in The cashless future that demonetisation promised never came, and many in rural Marathwada scoff at the idea. Aurangabad: Ten months after currency notes of Rs 500 and Rs 1,000 were scrapped on November 8 last year, the ghost of demonetisation continues to haunt Deepak Badavne. In early November, Badavne had harvested 31 quintals of cotton from his 2.5 acre farm. He expected good returns on it. “The trader arranged for the truck...

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With Prices Rising Post-GST, Has the Government Taken the Public for a Ride? -Arun Kumar

-TheWire.in The Goods and Services Tax (GST) is awfully complex and has confused not only businesses and the public, but also the government. Have prices of goods and services risen because the implementation of the Goods and Services Tax (GST) is faulty or because it was not designed properly? Eighteen percent GST is levied on the food in a restaurant. This has raised the cost of eating out. Is this what was...

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3 cops to protect each VIP but just 1 for every 663 common man -Neeraj Chauhan

-The Times of India NEW DELHI: Despite promises by politicians year after year, VIP culture continues to thrive in India. The latest data reveals that some 20,000 VIPs have on average three cops to protect each of them while there is a huge shortage of policemen for ordinary citizens. Data compiled by the Bureau of Police Research and Development (BPR&D) under the home ministry shows that out of a total 19.26 lakh...

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