-The Indian Express In the commercial vehicles section, sales of Tata Motors, the largest commercial vehicle maker, fell by almost half as against August 2018. Mahindra & Mahindra (M&M), the second-largest manufacturer, posted a 28 per cent decline. The slowdown in the auto sector has worsened, with leading car manufacturers posting up to a 50 per cent drop in sales for August 2019 as against the corresponding month last year. Sales...
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Bengal paddy farmers in lose-lose situation -Snehamoy Chakraborty and Pranesh Sarkar
-The Telegraph Market prices too low, and trucking product to procurement centres not viable Bolpur (Birbhum) and Calcutta: A paddy challenge has sprouted for Bengal’s farmers with market rates dipping and sales to the state government at the minimum support price running into hurdles. Sources said the price for a quintal of kharif (monsoon) paddy was hovering between Rs 1,450 and Rs 1,500 in the market, which leaves them with hardly any profit...
More »Jobs -- The Govt.'s Tangled Web -Subodh Varma
-Newsclick.in Leaking EPFO enrolment numbers, and tall tales about trucks and buses, and doctors and engineers, marked PM Modi’s deceptive claims on jobs in his Lok Sabha speech. "Oh, what a tangled web we weave when at first we start to deceive" wrote Sir Walter Scott two centuries ago. The Modi govt.’s attempt to create data on non-existent jobs confirms this truth. Since last year, an increasingly cornered govt. has been marshalling all...
More »A broken tax chain -Arun Kumar
-The Hindu The GST’s faulty design has prevented the economy from benefiting fully from the indirect tax regime A year ago, at a special midnight session in Parliament, the launch of the goods and services tax (GST) was heralded as the new freedom. A year on, what has the GST achieved? ? One should not expect instant results. There will be many short comings when a complex reform is rolled out. But...
More »Unable to see the bamboo for the trees -Sharachchandra Lele
-The Hindu Deregulating bamboo production does not address the issue of building a transparently governed forest sector Governments everywhere tend to look for quick-fixes, overlooking complexities and ignoring the big picture. The move by the Centre to “de-regulate” bamboo production by amending the definition of “trees” under the Indian Forest Act (IFA), 1927, is a great example of this tendency. In November 2017, the Central government issued an ordinance whereby “bamboo” was...
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