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Risks to growth: mid-year economic concerns

-The Hindu Given the recent policy changes, the CEA has done right to flag mid-year concerns Five months after the Economic Survey 2016-17 was released, Chief Economic Adviser Arvind Subramanian has presented the second volume of the annual economic review-cum-prognosticatory report. With the intervening period having provided a wealth of data points and policy developments, including the momentous roll-out of the Goods and Services Tax, there was a clear need to update...

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Potential of farm exports not fully tapped, says study

-The Financial Express The domestic prices of key agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...

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Stent prices: Firms, doctors got away with looting -Rema Nagarajan

-The Times of India NEW DELHI: The Modi government's efforts to cap the price of cardiac stents exposed the nexus between stent companies and hospitals in looting the public by overcharging them. But no action has been taken against either companies or hospitals. None of them paid penalties or faced charges for colluding to cheat the public. Contrast this with the US government which has, over the years, fined the three biggest...

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Encourage ryots to take multi-variety crops: Scientist

-The Times of India NAGPUR: Farmers in Vidarbha should be encouraged to cultivate a variety of crops so that they could get a bigger market for their produce. In addition to this, promotion of organic farming will help in increasing the yield and curb farmers' suicides, said Vandana Shiva, a well-known scientist and environmentalist, on Wednesday. Addressing a press conference at Tilak Patrakar Bhavan, Shiva said, "Farmers and citizens of our country...

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The spectre of unemployment -Raghavan Srinivasan

-The Hindu Sans quality jobs, ‘aspirational young India’ will become ‘angry young India’ The government – and Paytm – may not agree, but there are some downsides to the rising digitisation and connectivity. One is an unleashing of aspirations. Everyone wants not just what Bengal’s leftists used to contemptuously dismiss as components of the middle-class Indian dream — gaadi, baadi, chaakri (car, home, job) — but a whole lot of other things....

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