-The Times of India NEW DELHI: With half the state legislatures expected to ratify the Constitution amendment bill to roll out goods and services tax (GST) by early September, the Centre is now moving to the next stage — deciding on the contentious issue of fixing the rates — so that the ambitious reform initiative is in place by April. Sources said the finance ministry is set to hold consultations on the...
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In rural India, less to eat than 40 years ago -Pavitra Mohan
-The Indian Express Within overall food inflation, the price of pulses, fats and vegetables rose quicker than that of cereals. The result is that fewer people can buy these foods. As India’s 70th year of Independence begins, widespread progress is evident, but in rural India, where 833 million Indians (70 per cent) live, people are consuming fewer nutrients than are required to stay healthy, according to a National Nutrition Monitoring Bureau...
More »Priyanka Kishore, Lead Asia Economist at Oxford Economics, speaks to Sarika Malhotra (Business Today)
-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...
More »Speaker asks BRICS to join hands for SDGs
-The Hindu Jaipur: Calling upon BRICS countries to strengthen “cooperative mechanisms”, Lok Sabha Speaker Sumitra Mahajan on Saturday said a united front would help in the successful implementation of the Sustainable Development Goals (SDGs). Much of India’s development agenda was mirrored in the SDGs, Ms. Mahajan said. Inaugurating the first meeting of the BRICS Women Parliamentarians’ Forum at the Rajasthan Assembly here, Ms. Mahajan said while India had chosen the path of...
More »Keep a watch on food inflation
-The Hindu The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. While the annual gain in wholesale prices hit a 23-month high of 3.55 per cent in July, retail inflation quickened past the Centre’s new Monetary Policy Framework’s upper limit for tolerance to 6.07 per cent. Food costs — a key component in both indices — were the main culprit....
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