-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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Crop Insurance: An Overview from Situation Assessment Surveys -Rakesh Kumar Mahato and Sanjukta Chakraborty
-Foundation of Agrarian Studies Crop loss is a common characteristic of agricultural households in rural India. Various factors cause crop losses such as the abnormal behaviour of monsoon, i.e. excessive rainfall or drought, cyclones, lightning, storm, diseases, insects, animals, and so on. Crop insurance acts as mechanism to cope with the problem of crop loss, specifically to reduce the impact of income loss for the agricultural households. This blog will draw a...
More »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,...
More »Third wave: As Covid-19 hospitalisations rise, even the vaccinated are not spared -Sumi Sukanya Dutta
-The New Indian Express Vaccinated persons who get the virus are more likely to have mild symptoms, if any, since the shots trigger multiple defences in the immune system, making it more difficult for Omicron. NEW DELHI: As the number of Covid-19 patients increase, trend suggests both unvaccinated and vaccinated are landing up in hospitals in equal measures. Many hospitals in the National Capital Region, which is seeing a sharp rise in...
More »Nothing will 'rein in’ Covid surge now, say experts as R-value tops 2nd wave peak -Paran Balakrishnan
-The Telegraph Omicron makes up 80 per cent of cases in Delhi, Mumbai; Bengal logs highest test positivity rate India is in the middle of a Covid-19 surge that’s rising exponentially and can’t be reined in by booster shots at this stage, says a leading virologist. “For this wave, we are too late. Nothing will now rein it in,” says virologist T. Jacob John. We could see the Omicron surge play out two...
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