-TheWire.in Using tax collection numbers as signifiers of robust economic activity may be highly optimistic. One of the most interesting questions in Indian macroeconomics today is – how are we faring since late 2016? In this article, I seek to analyse data on tax revenues and obtain some clues about the performance of the economy. In a press release published on January 9, the central government reported the following increases in tax collections...
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Oxfam's Inequality Report Has Big Flaws, But That Doesn't Narrow India's Stark Wealth Divide -Rukmini S
-Huffington Post Global inequality data may be skewed by debt, but Indian inequality really is as bad as it says. Mark Zuckerberg is wealthier than the poorest 40% of Indians, and Mukesh Ambani is worth more than the poorest 30% of Indians, a new report by Oxfam says. While Oxfam might be misstating some facts on global inequality, the data on Indian inequality really is that bad. The report, released on Monday morning,...
More »Farm distress: Telangana's food output drops as paddy area shrinks -KV Kurmanath
-The Hindu Business Line Foodgrain output down 28.7% as paddy area shrinks Hyderabad: In the recent numbers released by the National Crimes Records Bureau (NCRB), Telangana stood second only to Maharashtra, with 1,400 farmers and farm labourers ending lives in the year 2015-16. The State had accounted for nearly 10 per cent of all 12,000 farm suicides reported that year. The latest numbers gathered by the Telangana government corroborated the serious distress in the...
More »Subsidy to farmers is misfiring, finds study -Mihika Basu
-Bangalore Mirror ICAR researchers say subsidised electricity benefitting only medium and large farmers Stating that the policy decision to provide free or subsidised electricity has been a key driver for widespread groundwater exploitation, estimates by ICAR-Indian Institute of Soil and Water Conservation, Research Centre, Ballari, reveal that in Karnataka, groundwater depletion has forced farmers to drill up to depths of 200 to 300 metres, costing about Rs 2.5-3 lakh for a successful...
More »Industry, realty eat into farmland -Balakoteshwara Rao
-The Times of India HYDERABAD: The extent of arable land in Telangana has registered a decline due to growth in industry, construction of houses, urbanisation and infrastructure development. This was revealed by the Directorate of Economics and Statistics of the government in its report on agricultural statistics for 2015-16. The report revealed that the land put to non-agricultural uses rose from 8.19 lakh hectares in 2008-09 to 8.92 lakh hectares in 2015-16. The...
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