-TheWire.in Most of the outreach efforts of the finance ministry to explain and create awareness about the GST have been with the bigger industry players. It is becoming increasingly clear that that neither the Centre nor states are adequately prepared to launch the goods and services tax (GST) on July 1. The sheer multiplicity of taxes, as also different tax slabs for the same commodity or service, is a problem which has...
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From plate to plough: An unfulfilled farm manifesto -Ashok Gulati & Siraj Hussain
-The Indian Express On agriculture, three years into the Modi government, while many steps have been taken to realise promises made in 2014, others have fallen by the wayside With the Modi government completing three years in office, it is time to assess its performance in various sectors. We focus here on agriculture. Without robust growth in agriculture, “sabka saath, sabka vikas” will remain an empty slogan. There are two ways to evaluate...
More »Monsoon outlook brightens as US raises El Nino odd -Amit Bhattacharya
-The Times of India NEW DELHI: In what could boost the odds for a normal monsoon this year, US government agencies have marginally lowered the probability of El Nino developing during the Indian monsoon months in their update released late on Thursday. The El Nino bulletin issued by the US Climate Prediction Center (CRC) and other agencies shows a slightly higher probability for neutral conditions to continue during August and September. Its...
More »Why I would not advocate vegetarianism -Sunita Narain
-Down to Earth Meat eating is not the key issue, it is the amount that is consumed and the manner in which it is produced. This is where India differs. Recently at the release of our book First Food: Culture of Taste, which discusses the link between biodiversity, nutrition and livelihoods, I was asked a question. “Why do you not, as an environmentalist espousing the cause of traditional and local diets that...
More »Macroeconomic Impact of Demonetisation: A Preliminary Assessment -RBI
-eSocialSciences.org The analysis in this paper suggests that demonetisation has impacted various sectors of the economy in varying degrees; however, in the affected sectors, the adverse impact was transient and felt mainly in November and December 2016. The impact moderated significantly in January 2017 and dissipated by and large by mid-February, reflecting the fast pace of remonetisation. The latest CSO estimates suggest that the impact of demonetisation on GVA growth was...
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