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ICAI to release White Paper on agriculture costing

-PTI The Institute of Cost Accountants of India (ICAI) will release the White Paper on Agricultural Costing and Pricing methods on Thursday.  The release, first on the subject by ICAI, will be made at the 3-day 'National Cost Convention' beginning here on March 15, said an official.  "The government has assigned us to come out with improved costing and pricing methods in four areas - agricultural pricing, services (including toll charges), healthcare and...

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A welcome rollback

-The Business Standard Cotton export ban was an example of poor policy The government’s sudden move to ban cotton exports – rolled back in less than a week following anger from cotton farmers and adverse political fallout — reflects very poorly on its policy management. The commerce ministry clamped down on exports without clear logic; prior consultations with other ministries concerned were also cursory or non-existent. Unsurprisingly, most players in the cotton...

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Sitting on a land pile, government plans policy for sale, lease by Vikas Dhoot

The government, the largest owner of landed property in the country, is preparing a comprehensive land sale policy to raise revenues and check corruption in government-owned property deals. The finance ministry will shortly move a cabinet note for bringing in a new uniform policy on 'land alienation' by government agencies, with an eye on removing discretionary powers of individual ministers and bureaucrats, said a government official. In big cities, large tracts...

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Calcutta at ‘extreme risk’

-The Telegraph   Calcutta is among six cities worldwide at “extreme risk” of facing natural hazards of climate change, including the impacts of sea level rise, but with a poor capacity to respond, says a report released today. The report on climate change vulnerability from Maplecroft, a private UK-based risk analysis company, also predicts that Mumbai, Chennai and Delhi are among 10 cities across the world that face a “high risk” of the...

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Shortages in a labour-surplus economy by N Chandra Mohan

Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...

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